The word that resulted from a typo of OWN. Notice the P is next to the O. Pronounced "p-own." It is not pronounced pween, poon, or pawn. Those are all created by noobs who couldn't figure out what the word was and made up their own pronunciation for it.
Origin is similar to that of teh.
wtf? you mean, owned? nice typo faggot.
uhh...no noob its new word. even worse than owned.
Mike: "Lucky! Jessica wouldn't let me pwn her; she made me skeet in the toilet :( "