To p'wn is to own someone although it has a more elevated level making the statement more harsh. This word came around after an accidental typo of the word 'owned' and has since embedded itself into our online language.
Hah, I totally p'wned that guy!
That was the best game ever, total p'wnage
Intentional or unintentional misspelling of the word "owned". It is used primarily as an exclaimation by those that bear witness to someone getting put down or abused to a degree that the victim is humiliated.
After being pushed in the pool fully clothed, Micktard began to pull herself up over the side as Rev yelled "P'WNED"!
This word originated from when players beat the oozing puss out of other players so badly and tried to type "owned" too fast because their opponent's defeat was so effortless and crushing that their pinky's would hit the "p" key instead of the "o" key. The further instantiation of this gamer term may have to do with the nature of a gamer's attitude saying "my misspelling of this word befits your nooby loss."
"p'wned!"
"I p'wned your @ss!"
"I p'wned your nooby @ss!"