From Longman Dictionary of Contemporary EnglishI love it!I love it!spokenENJOY/LIKE DOING something used when you are amused by something, especially by someone else’s mistake or bad luck ‘And then her boyfriend walked in and saw her kissing Ray.’ ‘I love it!’ → love
Examples from the Corpus
I love it!• "So then Susan had to explain how the dishes got broken." "Oh, I love it!" 