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Maybe you don't like the person whose name you got, maybe you're really fancy and it's just so hard to think of something cool that's within your office's $10 limit. No excuses. Play along, because no one likes a goddamn party pooper.
Do: Use Lotto Tickets As A Fallback Gift
Sure, they're not personalized or particularly nice, but they're still a totally fun gift for literally anyone and easy to pick up at the last second. If you do this, however, you should at least spring for some nice wrapping.