King Cake
From Giftypedia
No Mardi Gras celebration is complete without a King Cake, also known as Twelfth Night Cake. This cake is sweetened yeast bread, usually baked in a ring shape. The cake is frosted with gold, green, and purple icing representing in order, power, faith, and justice. The traditional colors on the King Cake date back to 1872. They were taken from a prominent parade group, called a krewe. Although this cake is colorful and tasty, the real fun hides within the cake.
The maker of each King Cake hides a token in the cake. The tokens used are a dried red bean or a figurine of a baby, representing the Christ child. When the cake is cut and shared, the finder of the hidden treasure is said to enjoy good luck for the coming year. The lucky recipient may also be expected to bake the King Cake or throw the Mardi Gras party for the following year.