Omgwtfpwnt is considered "L33TSpeak and can be broken down into three smaller words:
OMG = Oh my God
WTF = What the fu*k
and finally (and most universal)
PWNT = Pathetically Owned with T on the end(used world wide by gamers)
Whizkid gets shot in the head by UBERPLAYER33!
UBERPLAYER33 says: OMGWTFPWNT!!!!!!!1!11!1!