Phat Lewt by three_sixteen on Feb 14, 2003 11:06:37 Really awesome loot from a PKill see also: wordSick Armor Example:
phat lewt by mriswith on Mar 01, 2006 15:06:36 Phat Lewt = Fat Loot Fat as in the slang word; Cool/good Loot as in Items picked ut(looted) from mobs in games, most often mmorpgs Example: I want phat lewt! I got phat lewt!
phat lewts by Ted Lach on Jan 09, 2006 06:58:06 Used primarily in online mmo's, and describes exceptional treasure. Much better than regular lewt, phat lewts are usually rare and powerful items, such as weapons or armor. Example: w00t! phat lewts! Man, those purple drops in Molton Core are phat lewt!
phat lewt by Thran on Feb 14, 2003 10:58:01 To attain elite equipment in a game by various means. Example: "d00d! I got PHAT LEWT!" or "I want teh PHAT LEWT!!"