Place it at the end of a setup-punchline sequence, right after the visual payoff. Follow a miss with the spongebob fail sound first for the flop, then add this laugh, or precede it with the dramatic dun dun dun for a fake-serious reveal.
About this sound
This is a short 2-second burst of hahah-style laughter, a quick vocal reaction rather than a long laugh track. It feels playful and teasing, turning an awkward pause or corny line into a light, crowd-like roast. It comes from Eat Bulaga, the long-running Filipino television variety show.