When you pull a name out of a hat, all that's written is the name of the person you are gifting and initials of the item they want for Christmas. It's up to you to come up with something under $10 with those initials.
For example, he pulled "John" who wrote "FDR". We decided that a Furry Drunk Reindeer would be perfect! So we got a stuffed reindeer and one of those little bottles of liqueur. At the party, you tell everyone what you wanted for Christmas that your initials stood for, then you open your gift. Clever!
I would love to hear some more creative gift exchange ideas that you've experienced or heard about that some of us can use in the future.