This article examines whether giftedness is actually a gift for those who receive it. The following attributes of a true gift are described as: (1) an understanding of what the gift is and who owns it; (2) realizing that it needs maintenance; (3) knowing what to do with the gift; (4) the giver expects nothing in return; and (5) the receiver appreciates having the gift. Next, each attribute is related to empirical and theoretical work on giftedness. Finally, based on a synthesis of the previous sections, the question of whether giftedness really is a gift is answered and recommendations are made.