Place it at the end of a failed-plan sequence, after the setup and just before the reaction. Follow it with Emotional Damage for the aftermath, or use Scream Meme right before it to set up the reaction as the plan falls apart.
About this sound
This short clip lasts about five seconds and pairs a rising rocket launch with a sudden explosion at the end. The quick build and sharp blast make it feel chaotic and funny, like a plan going spectacularly wrong in an instant.