A "Loot Box" is a virtual item in video games that players can purchase or earn, containing random rewards such as characters, skins, or in-game currency. These boxes are often used in games like Fortnite and Overwatch, where players enjoy the excitement of discovering what they will receive. Loot boxes can be bought with real money or in-game currency, and their contents are typically unknown until opened. This randomness can encourage players to spend more, leading to discussions about their impact on gaming, including concerns about gambling and the potential for players to spend excessive amounts of money.