Present

Presents are available in the 1.1.1 update. It is dropped by all monsters during the Christmas Holidays. They do not stack when picked up and can be opened by right clicking them while they are in the inventory. They can be found in a number of colors, although this does not affect the contents.

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Colors
There are currently 3 colors of present available:
 * Green
 * Yellow
 * Blue

Standard Contents

 * Candy Cane Block - 57.32% 4/7 chance
 * Green Candy Cane Block - 42.68% 3/7

Hardmode Contents

 * Candy Cane Blocks - 50% 1/2 chance
 * Green Candy Cane Blocks - 42.68% 3/7 chance
 * Snow Globe - 7.14% 1/14 chance