There were a lot of great answers this time round. So many that we're awarding a few extra autographed MAD magazines because we couldn't agree on which answers to eliminate.
The number one given answer included something to do with carrying or holding “beer” --- probably 50+ answers mentioned that. We picked two.
It is a re-usable six-pack holder. Bryon J. Hammer
Obviously that is device to convert your old un-hip 80's track lighting into a new trendy overhead beer holder. -- John Hattan
Others we liked:
I do believe those are handcuffs for an unruly Hexapus. Yours literally, Laurie Applebee
Soda bottle rail storage for refrigerator - Jason Harris
"The 1/2 Dozen Egg Holder" made to reflect these costly times for eggs. Shane Shellenbarger
It's an easy way to transport 6 cups of coffee at once. Davemartel
It's a measurer for spaghetti. You can measure out 6 pounds of spaghetti at once. davemartel
At least one fisherman's dream come true. Take all your favorite fishing rods (up to six) with you to your favorite fishin hole. JC
These are 6 contact lens holders for Giant Squids. Paul Griesbaum
Sliver dollar pancakes maker. Yum, now I am hurry. Dulie
It's a do it yourself Olympic Rings set. Ian Winkler
very clever way to shop with sextuplets at the grocery store without having the little buggers run amok. Melody Hensel
It’s a golf ball cabby. Kentastic.
I think it may be a cupholder that attaches to the railing of a boat. Chad Masters
It is an ice cream waffle cone holder! Rozz
It is a udder holder for milking cows with 6 teats! Jon Paul Frontino
It's a jig for drilling holes in large bird houses! Thanks! Chris Doppler
It's a Phoroptor used by fly optometrists. Really saves time between the "better now or now" questions. Al Smith
The astronauts used this size gauge while gathering samples on the moon. Any rocks that wouldn't fit through the holes were too big to be transported back to earth. Marty
My guess is an ice cream sugar cone holder. geekwannabe
I'm pretty sure that's a set of octopus handcuffs, designed by someone who can't count very well. Soren Hedberg
I think it is a device for hanging jars for storage. Michael Hodsdon
Too obvious, It's a Chinese Finger trap for crowds. Lil
We don't take sides in politics at the WTHII game, but this struck as funny:
A Donald Trump thought holder. Big and full of holes. SnoopDawnyDawn
My mom had one of those, it's a banana dryer. Olin
It's an eyeglass frame for a spider. Uncle Bobby
CONGRATULATIONS WINNERS! If you won more than once, please just ask for one autographed MAD. Yes, we know some enter several times under different names. :) Email me your full name & address - (US/Canada only - otherwise email me & we'll give you a shout-out on The Giz Wiz). I'll autograph your MAD with your first name & my name unless you specify Dick's name only. Please put MAD WINNER in the subject line, so I can pick it out quickly. Thanks!!! Dick De, The Giz Wiz & MAD's Maddest Writer. Email me at:
gizwizbiz@aol.com
Don't forget to go back to the top of this page to play the Jan/Feb 2016 WTHII game. And be sure to sign your entry with a name, initials, something - or it won't be counted. Last month more than a dozen entries weren't signed and were disqualified. Thanks. DickDe
January 1, 2016 
The 'What The Heck Is It?' gadget was the Stalwart Universal Utility Tool Holder. It's at Walmart for about $8. Six people came close enough to be winners.