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1: Losing badly at something

2: l337 (online) slang for 'owned'

3: The mis-spelling of 'owned'

4: Getting showed up/embarressed in a public event by someone/something
Example for 1:
Ryan loses to Brian
Brian: "Hahaha, you got PWN3D!"

Example for 2:
"omfg d00d i pwn3d him cuz i r r0xx0rzz"

Example for 3:
"And then I pwn3d him at Halo"
"Whoops, I mean owned"

Example for 4:
Person A: "I spent a long time writing the entire script to Harry Potter"
Person B: "Yeah, I downloaded it off the internet too"
Person C: "PWN3D!"
pwn3d by Sam Harrison January 8, 2004
Related Words
When one nerd claims superiority over another.
Eugene: I've never got it on with a girl, I own you.

Poindexter: oh yeah? Well I've never even spoken to a girl, but have 50GB of tentacle rape pr0n on my C:\ and have every star trek episode on DVD

Eugene: omg you rule

Poindexter: omg wtf j00 pwn3DD!!!1
pwn3d by Kung-fu Jesus July 28, 2004
Originating from the word "owned", the word later took on the 1337 variation 0wn3d. Because this was primarily used as a cry of victory or supremacy in first person shooter games online, typos occured, the most common involved missing the "o" key and hitting the "p" key. This stuck, leaving us with the words pwn, pwn4g3, and pwn3d
Dude, 3 head shots in a row, you just got pwn3d.
pwn3d by John Wells November 22, 2004
1. To have been beaten harshly at something
2. To have been insulted harshly
3. To be G.Money, Peanut Head, Myra or Mui
Lol. Mui just got p0wned by Perfect_Saiyan on CS. He r such n00b. He got p0wned!
p0wned by Jeffrey Tea July 6, 2003

pwn3dchoo 

to beat/kill someone who is statically better than you used in an online game
Pwn3dchoo all n00bs!!! Thought you were 1337? well I just pwn3dchoo.
pwn3dchoo by Louie XIX Reyes November 19, 2005