Lunar New Year is the time to gift red envelopes, or 紅包, hóngbāo, to friends and family. Inside red envelopes are crisp, new bills that symbolize luck, prosperity, and good wishes for the new year. Comes in a set of 3 red envelopes that fit dollar bills. Dumplings signify luck, ingots signify wealth, oranges signify happiness and prosperity, and lanterns signify a fresh start.