You can only change ONE letter, AND/OR rearrange the letters currently available. The first word is:
WINS
milt
time
emit
ties
pits
pest
peat
tale
alto
goal
glow
evil laffing -->
wolf
LOL!
flop
pole
polt
poot
polo
loom
mole
mile
mile
oh, so many miles ;) LOL
lame
My keys must be sticking! :oP
lama
meal