Similar to the words owned and pwned. Except it is showing a higher level of conquering. It is used to be even more of an insult when defeating someone and humiliating them completely.
v. Verb: To Pizowned, to be Pizowned, also: to be pizowned in the hizzy.
1) To be owned, but worse, and to the point of almost suicide as you are shuned by your many friends and feel worthless like the nub you are. kthx