Presents are items that is spawned at the start of the round and there is only one per round. If its a boss map (King Cake, Mr Frost, etc) It will not spawn
It comes in 3 different colors which have their own spawn rate, Blue with a 50% spawn chance, Gold with a 35% spawn chance and Green with a 15% spawn chance.
The contents are said to be having exclusive weapons/items in them
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 gift. It also means you can equip it and carry the gift during a round, clicking will cause a text to appear saying: "Can't open the before Christmas!"
The presents were introduced in the Christmas Event 2014
The presents can't be opened until the 24th Dec 2014