An expandable piñata including a body having a front wall, a rear wall, a left side portion, a right side portion, a top portion, and a bottom portion that define an interior cavity of the piñata; one or more pouches coupled to each of the front wall, back wall, left side portion, and right side portion; and a valve coupled to the body and configured for selectively inflating and deflating the interior cavity, the body being inflatably and deflatably adjustable between a first, substantially flat configuration, and a second expanded configuration.