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White Elephant parties are popular events this time of year. You may know them as Yankee Swap, Chinese Gift Exchange or Secret Santa, but this type of gift trading usually features low-cost and silly items that are exchanged in a group setting. The first person picks a gift, opens it and then it’s up to the next person to decide whether to steal that gift or choose another unopened parcel from the pile. It’s a fun, sometimes competitive holiday game that is even more entertaining when your gift displays a certain level of tackiness.