In Oshogatsu in Japan, there is a custom of gifts called “Otoshidama”.
There is also sometimes called “Toshidama”.
It is common to give money to children.
It is a characteristic that the superior person sends to the person under the superiors. Conversely, if the person sends to the superior, it is called “Onenga”.
Children in Japan are looking forward to keeping the Otoshidama and doing big shopping every year.