By Jake Perlman
November 05, 2013 at 11:20 PM EST

“O, O, O!”

Nothing says the holidays than someone in red giving out free gifts. No, not Santa — Oprah Winfrey, of course!

The former talk show host released her annual Favorite Things list for O, The Oprah Magazine on Tuesday. This year, Miss Winfrey got a little help from friend and comedian Jimmy Kimmel to pose as an elf and finish the 15-foot train in Winfrey’s stunning White by Vera Wang gown, which weighed 25 pounds (see the photo below).

As for the list itself, Winfrey’s favorites run the gamut from $13 red wine from Target to a $500 Truffle Risotto gift box (that she plans on giving Rita Wilson this year, because Tom Hanks definitely needs more truffles in his life).

For all you book club members out there, the list also includes the Kindle Paperwhite, and for those who don’t read, Oprah has you covered with the new Beats Studio Headphones by Dr. Dre. If you want to be physically covered, there are T-shirts co-designed by Ashton Kutcher, a Quilted Nylon Barn Jacket by C. Wonder, and who doesn’t love organic cotton pajamas in the morning?

But with no talk show audience to surprise any more, Oprah is giving away all 60 items in O’s 12-Day Holiday Give-O-Way sweepstakes, where a lucky reader will be picked each day to win (that’s 12 winners, for those still thinking about the headphones).

But if you don’t win or can’t afford a $250 straw tote bag, Oprah reminds us its always the thought that counts, not the price tag. “It’s not about spending tons of money. It’s not about buying the biggest gift,” Oprah says. “Generosity is about using whatever you have to give a gift that means something.”

Indulge in the complete list here and check out the cover below: