I've been saying it wrong alllll this time.
A few days ago my brother was like, "Hey, guess what I found out" and he told me how Pwn had come from Warcraft 3, or something, and it was a typo where the guy accidentally put a P instead of an O, and everyone latched onto it, and now it is used Worldwide
So, it is actually pronounced
POWNED instead of, how I say it,
PAWNED