Our kiddos draw names for Christmas giving. They love being able to focus all their available resources on one person, and I love listening to their ideas as they plan and plot each year.
Last year we required them to make a gift for their recipient, and it was really neat to see what each child came up with. The littlest ones had a bit of help :)
We don't have photos of the last two, but seven-year-old sister made a whole gallon-sized Ziploc bag of chocolate chip cookie dough balls for 15-year-old brother. She fetched them from the freezer for him on Christmas morning. 15-year-old brother made a cute little monkey shirt for one-year-old brother. We giggled every time he wore it.
This year the kids have to buy or make a t-shirt for their chosen sibling. So far the choices have been really fun, and I like that the gifts are practical and personally chosen with the recipient in mind. Budget accommodating, too!