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A white elephant gift is a form of gift exchange game that is frequently played at company parties or family get-togethers during the holiday season. It is also known as a Yankee Swap or Dirty Santa. Each person contributes a present that is wrapped and placed in the center, usually worth around $20. Each player selects a gift, and they have the option of opening it or stealing one that has already been opened. To win the most desirable gift is the goal of the game, but it may also be a lot of fun and laughing. The phrase "white elephant" describes a present that is frequently unappreciated, useless, or amusing.