A term used in the world of paintball altough originaly thought to be a mistaken spelling in warcraft it has been used in the world of paintball since the late 70's. The term means to be beaten in paintball my a large margin or to be owned at it. the p in owned stands for paintball so someone who is pwned is someone that has been owned at paintball
"hey did u have to pwn that kid?"
"5 bucks that little kid will pwn"
"if u can pwn me i will buy drinks after"