Pros of doing a White Elephant Gift Exchange for your holiday party: 1) someone ends up with The Notebook on DVD, and 2) you can finally get rid of the bread maker Luke Wilson gave you ("What do you think Max? It's got three speeds!").
Cons of doing a White Elephant Gift Exchange for your holiday party: 1) You have to wrap a present (DUMB), and 2) one person always exceeds the $20 spending limit on a video iPod.
Luckily the White Elephant Ball is here to SAVE THE DAY, and all you need to pull it off is a couple rolls of Saran wrap and some scissors. Here's how it works: Everyone brings in a White Elephant Gift, someone wraps one of them with Saran wrap, then layers on the next gift on top of that and wraps that too, and so on and so forth until you have a GINORMOUS BALL of gifts. Then one by one people take turns unwrapping it until they get to a gift like...................... so: