Language of Origin: "little boy"
Meaning: "I beat you" or "You were beaten"
"u jus c m3 i ttly pwned that nub!!111!"
*woman walks by and brushes the 1337's shoulder*
*1337 boy wets his pants*
dud a fukin hott chic jus tuched me im t0tly gon^a fuk her!!!111!
This word originated in Dota (warcraft III "mod")
because in the earliest version of this game, when you kill your enemy you need to take his head and sell it in a PAWN SHOP to get some gold. So it turns that you have just "PAWNED" your enemy. Then the word "PAWNED" became "PWNED" for an easier typeing or maybe just to look more like the other expression that means the same thing: "owned".