popsicle vs lolly

popsicle and lolly both are nouns.

Word	Noun	Adjective	Verb	Adverb
popsicle	Yes	No	No	No
lolly	Yes	No	No	No

As nouns, popsicle and lolly are synonyms defined as:

Other synonyms of popsicle include ice lolly, lollipop.

popsicle (noun)	lolly (noun)
ice cream or water ice on a small wooden stick	ice cream or water ice on a small wooden stick
	informal terms for money