A corruption of the word "Owned." This originated in an online game called Warcraft, where a map designer misspelled "owned." When the computer beat a player, it was supposed to say, so-and-so "has been owned."
Instead, it said, so-and-so "has been pwned."
It basically means "to own" or to be dominated by an opponent or situation, especially by some god-like or computer-like force.
"Man, I rock at my job, but I still got a bad evaluation. I was pwned."
To completely fail as a man in either terms of video games, driving, BBQing, or any other event that a real MAN would never lose to a chick.
Me: F**k that guy can out drift me any day.. Friend: you know that's a chick driving right? Me: BULLSHIT!!!! Friend: How does it feel to be pwned by a chick!?!
A site with a flash animation stereotyping the average Counter-Strike player. Everyone has seen it, yet people who just find it think it is new and post the link on forums, chat rooms, everywhere.
1337Noob: LOLO LUK AT DIS VEDIO!111 IT IZ SO FUNEE!!121! PWNDE.NL
Everyone: OLD!
OMG i love the map dust I can pwn so many n00bs on it. Maybe today i'll pwn enough noobs so i can raise my rank in the server from 3 to 1, hehe. Ok you guys, let's move out, rogerthat. guys, you go forward, i'll camp here, roger that. omg you fucking loser i know you hack i'm gonna tell the admin on you you faggot. leave now you faggot leave leave before the admin bans you. fire in the hole. omg what the fuck was that i know you're fucking hacking you fucking fucking teamkiller fucker. you you're fucking definitely gonna get the server ban you faggot.