What are the rules of a white elephant gift exchange?

Open one or steal one

Everyone brings one wrapped gift and draws a number. On your turn you unwrap a new gift or steal one that's already open, and whoever loses a gift does the same. Most groups freeze a gift after two or three steals and set a price limit of about $20 to $30, with $25 the most common.

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Gifts and giving

What's a good price limit?
About $25, the most common choice. Say one number out loud, so nobody feels shown up.
How many times can a gift be stolen?
Two or three is most common. After that it's frozen and stays with whoever has it. Agree before the first gift is opened.
Does the first person get another turn?
In many groups, yes. They had nothing to steal at the start, so at the end they may swap for any gift that isn't frozen.
Is a Yankee swap the same thing?
Nearly. The turns work the same way, and Yankee swap gifts tend to be more useful.

Last checked Monday, November 9.

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