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“Pink elephant” is another name for the “white elephant” game. During one of these games, participants exchange gifts, usually of low monetary value (e.g., under $20) and intentionally selected to be silly, tacky, or useless. The gifts are wrapped anonymously and chosen at random by the players, who can then swap gifts with each other if they wish. Some people use “pink elephant” to refer to a variant game where the gifts are more desirable and/or useful than typical “white elephant” gifts.

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