We had a White elephant Epiphany party. It was so much fun we'll probably make it a yearly event! In honor of the Epiphany I made "Kings Bread" with three silver rings baked into it. Whoever found the rings were named kings and had to thing of a gift to bring our Lord.
We also exchanged "White Elephant gifts" - great gifts exchanged homes though I think there may be a few items that return next year. I would definately name the big 4 foot shaggy stuffed dog the most authentic white elephant gift, though my favorite addition was a snake that grows to 6 ft long when put in water. I had my camera out to take pictures but in the fun of the evening I didn't get many pictures so you'll just have to use your imagination.