Phat Lewt Edit Meaning

1.

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

I want phat lewt!

I got phat lewt!

See phat, lewt, fat, loot, mmorpg

2.

To attain elite equipment in a game by various means.

"d00d! I got PHAT LEWT!"

or

"I want teh PHAT LEWT!!"

3.

Extremely good items aquired in any game for killing a boss/completing a quest. Typically used in mmorpgs

Dude I just got phat lewt for killing that monster!

4.

Really awesome loot from a PKill see also: wordSick Armor

See three_sixteen