It comes from the word owned misspelled. This is because the 'p' key is located next to the 'o' key on the key board. It refers to the act of defeating somebody or beating someone in a way.
by joeyisgay October 05, 2006
by meeeeeeeeeeeeeeeeeeeeeeeeeemee March 22, 2009
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In World Of Warcraft a 42 year old man(Karen, Tiffany, Brenda, Rebecca) was caught with facts and proof from many sources imitating a 15 year old girl in game. This was brought forward to the community and he was destroyed on the boards over and over for a week solid. Old perverts lose.
by Joe Broney July 06, 2006
Something that someone who is very experienced at something says to someone who is inexperienced after beating them. D-bags who only find it fulfilling to play newbs at games they've been playing for a long time say this after an easy win. Too bad they can't beat anyone that also knows how to play.
A guy knows all the moves in a game and only plays against people who have never played or do not play as often as him. He tells them they have been pwned after defeating them. What a loser he is.
by understatement March 28, 2010
Back during my younger days, in NAM. Whenever I got some ass, I called it PWNED. Meaning Pussy-oWNED.
by CT September 24, 2004