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'''''BUG:''''' If a player has this item in their inventory at any time in a world, even if dropped or deleted, this item will not be dropped again within that world. However, multiple presents can be dropped by enemys if the player has not yet picked up the present.
Once the player has defeated [https://terraria.gamepedia.com/Moon_Lord Moon Lord], enemies will drop the
Suspicous Looking Bag, an item similar to [https://terraria.gamepedia.com/Grab_bag Grab Bags].