Slang term used in various situations to tease someone that loses out, or gets the 'short straw'. Often used to comment on a person not getting to something fast enough, and someone else gets it.
This term is usually followed by the word 'son'
Another way of saying 'sucks for you'
Me: " I brought donuts for everyone."
-Crowd of people bum rushes the donut box-
You: "Oh man, there are no donuts left"
Me: "Haha, GOT BROKE son!!
Walking down the hallway, someone drops something, and youre too much of a douche to help them pick it up... you just walk by and laugh and say "got broke!'