It derives from being “owned” in an online FPS game, like DOOM or QUAKE.

If someone frags you, esp. quickly, they consider you “owned”. If they type “owned” in the text message box too quickly (because they’re too busy shooting stuff), they hit the “p” key instead of the “o” key, because those keys are spatially local, and they end up typing “pwned”. Eventually, “pwned” became more popular to type than “owned”.
by Bruce October 8, 2004
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When your ballsack smacks against someones forehead.
Bitch, you just got powned!!!
by Justin May 29, 2004
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1. The act of Power-Owning someone.
2. A stronger version of owning (a CounterStrike term)
by Fjölnir Ásgeirsson September 19, 2005
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1. Coming from owned.
2. Owning, beating, or defeating one, commonly in a video game.
3. Beating someone beyond shame.
4. Killing, or fragging someone.
He just powned you, idiot!
by i love my sexy November 24, 2006
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It is a common misconception that POWN is a mispelling of the word PWN but it is actually just a way of saying PURE OWNAGE.
Man that was some pure ownage.
Man that was come hardcore pownin
by jhouse May 13, 2005
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a word meaning "owned".
used mostly to describe winning in some video game.
famous among the geeks, nerds, dorks, and gamers.
"*pushes up thick glasses* hey, i just p0wned that guy at *snort* final fantasy."
by ze_kimster February 18, 2005
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