A handjob. Referred to as a "Gift From Grandma", because traditionally on holidays the gift from Grandma was the worst one given. Hence the analogy of receiving a gift you didn't really want.
Guy One: So how'd it go with Cheryl last night?
Guy Two: Eh, not so good. I just ended up with a gift from Grandma.
Guy One: Bummer, dude.
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