When the item is used, it spawns an immobile, non-attacking Beholder Piñata monster directly in front of the summoner. As the monster is damaged, it will periodically drop random loot nearby, and, once killed it, will drop random enchantments/runestones directly to the inventory of the original summoner.
The Beholder Piñata's loot (outside of the enchantments/runestones once killed) will fall to the ground randomly near it and is auto-pickup and free-for-all. A character who neither summoned the Beholder Piñata, nor contributed to its defeat, could run around and collect the loot. If exclusive loot is desired, going to an isolated spot or into a private instance (a foundry mission for example) is recommended.
If multiple Piñatas are summoned by the same caster at once (separate stacks do not seem to share the same cooldown), the earlier ones will rapidly explode giving no reward. A Piñata is also destroyed if the summoner leaves the instance it is in.
Potential floor dropped loot
- Various Binds on Equip versions of the Temporary Fashion Masks of the event.
- [Potion of Minor Healing]
- [Potion of Lesser Healing]
- [Potion of Healing]
- [Cured Meat]
- [Pumpkin Soup]
- [Vintage Lightwine]
- 1-2 [Small Party Popper]
- small amounts of (if in a team will be divided among teammates)