Rowned = royally + owned a word invented by fieryiceissweet, which is now undergoing widescale promotion. the word should only be used in cases of extreme ownage, so it doesnt become a lame overused cliche
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.