"Penny's Christmas" is the second Christmas episode of the CBS sitcom Good Times. It originally aired over CBS on 17 December 1977 during the show's fifth season.
The Christmas season has the Evans family in the spirit and planning a Christmas Eve party. Meanwhile, while Christmas shopping for her mother, Penny gets her wallet stolen, and later steals a necklace from a department store in a desperate attempt to try to get Wilona a Christmas gift. However, Penny's attempts may lead to Wilona losing custody of her.