jollify

Verb (usu participle)

jol=li=fy

WORDNET DICTIONARY

jollify(v = verb.social) make happy, make merry, make whoopie, racket, revel, wassail, whoop it up - celebrate noisily, often indulging in drinking; engage in uproarious festivities; "The members of the wedding party made merry all night"; "Let's whoop it up--the boss is gone!"

is one way to celebrate, fete

Derived form noun jollification₁

Sample sentence:
Somebody ----s

jollify, v.tr. & intr. (-ies, -ied) make or be merry, esp. in drinking.

Derivative

jollification n.

For further exploring for "jollify" in Webster Dictionary Online