The subject of this article or section is part of Feast of Winter Veil, a seasonal event that lasts several weeks. Once the event has run its course, this will no longer be available until next year, but there are no guarantees.
Ticking Present is a quest reward from  A Ticking Present.
Also has a chance to drop one of the following:
As an object
The Ticking Present is located under the tree during Winter Veil in the cities of Ironforge and Orgrimmar. It offers the  A Ticking Present quest which provides the present item.