Derived from the film "Kingpin" starring Woody Harrelson whose characters last name is Munson. Also mentioned in the Bloodhound Gang song "Pennsylvania" the word describes someone who has everything going for them and when they reach the pinnacle of their success they do something that causes them to lose it all. Usually whatever makes that person lose it all is by a bad decision they have made driven by greed.
"Jerry already had made a million gambling and was munsoned at the crap table."
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