What's on your mug?

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!

By mriswith

To attain elite equipment in a game by various means.

"d00d! I got PHAT LEWT!" or "I want teh PHAT LEWT!!"

By Thran

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!

By Maximillius

Really awesome loot from a PKill see also: wordSick Armor

By three_sixteen