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"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." The best white elephant gifts typically fall into one of two categories: gag gifts and practical ones.

White elephant gift exchanges are the perfect blend of hilarity, surprise — and that awkward moment when you realize the gift you brought to the holiday party might accidentally end up back in your ...

White elephant gift exchanges are the perfect blend of hilarity, surprise — and that awkward moment when you realize the gift you brought to the holiday party might accidentally end up back in your ...