Inexpensive, humorous, and often slightly offbeat presents exchanged during a white elephant gift exchange are a popular element of holiday gatherings, both in homes and workplaces. These exchanges typically involve a set price limit and an element of chance, with participants able to steal gifts from one another. An example might be a gag gift like a Chia Pet shaped like a political figure or a novelty item such as a desktop punching bag.
The practice offers a lighthearted way to celebrate the season while managing holiday spending. It builds camaraderie and generates shared laughter, fostering a sense of community among participants. The history of white elephant gifting can be traced back to practices of gift-giving among royalty in Siam (modern-day Thailand), although the contemporary form significantly diverges from these origins. By emphasizing amusement over monetary value, it allows individuals to connect in a fun and engaging way.