Presents are Items that are spawned at the start of the round during the Christmas Event 2014 and only one is spawned per round. If it's a boss map (King Cake, Mr Frost, etc) it will not spawn

Presents come in three different colours.

When picking up a Present it goes directly to your inventory, in the item tab, and is classified as an event item, meaning you cannot have two of the same Presents during one round. It also means you can equip it and carry the gift during the round. Clicking the Present before 24th December 2014 will cause text to appear saying: "Can't open the before Christmas!"