Once you place this item at your house or lot, you can not put it back in your inventory. You can move it to a different position at that property, but that's all you can do until the 30 days are over.
Unlike the Jackpot Plant, this tree can only be clicked by the owner, and only once every 24 hours.
Possible Rewards
All of the pieces of all 3 Winterwear sets for your character's gender, in all 22 colors
Boys can get Rugged Winterwear, Subarctic Winterwear, and Thermal Winterwear
Girls can get Alpine Winterwear, Insulated Winterwear, and Toasty Winterwear
This article refers to items, events, personae and activities available in-game during the Snow Days celebration. This year, Snow Days is set to run from December 3, 2013 to January 13, 2014.