Items, treasure dropped from a fallen enemy in EverQuest, or any other MMORPG
I got some phat lewtz from that Gnoll pup!
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Items of some value in a massively multiplayer online game.
Well Walter, I'll have you know that I discovered several phat lewtz last night.
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to be the recipiant of booty that is beyond comprehention; to recieve anything that is just simple pure 1337.
Jerad: I just won a new car!
Eddie: o shit phat lewtz!!
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