While playing online video games players like to kill one another.
When you kill some one repeatedly you "own" them.
"P0wned" became a net term for this,
and is an abbreviation of "P0wned" is "pwn".
Pwn is an insulting way of saying you own someone.
Pwny club (Pony Club) reads like it sounds and is used to be futher insulting.
*Chard Kills Gunslinger*
CharD: I owned you.
Gunslinger: You're gunna get P0wned.
a word that generally refers to someone or something that is extremely annoying, but also very powerful, such that you are ultimately unable to do anything about it
My boss is the biggest pawny I know. He keeps sending passive aggressive emails to all the employees. I wish I could report him to someone, but he answers to no one.