I've played this game at a few parties. It's a good time if you don't have the money for real party games like Apples to Apples or Catch-Phrase.
The rules are:
1. Everyone writes a phrase on the top of a sheet of paper and hands it to the person next to them.
2. That person quickly (and smally) draws the phrase to the best of their ability, then folds the words over so that the next person can only see their drawing.
3. The third person writes their best guess of a phrase based on the new drawing, then folds the paper so the next person can only see their new phrase.
ETC.
Here's a fun sample:

The rules are:
1. Everyone writes a phrase on the top of a sheet of paper and hands it to the person next to them.
2. That person quickly (and smally) draws the phrase to the best of their ability, then folds the words over so that the next person can only see their drawing.
3. The third person writes their best guess of a phrase based on the new drawing, then folds the paper so the next person can only see their new phrase.
ETC.
Here's a fun sample:






