When used this item will place one random item in your inventory, from potions/recipes/hope tokens/cosmetics and etc.
Know Item Drops:
Barley Bread
Fancy Waistcoat
Lesser Athelas Extract
Lesser Celebrant Ointment
Superior Carrot Sticks
Superior Cooked Carrots
Superior Hard Biscuits
Superior Shire Pudding
Turquoise Summer Circlet
Yellow Fireworks Recipe
You can win this item from the Lottery: Festive Presents and/or Welcome Wagon Lottery of which you can enter at http://my.lotro.com/home/lottery.