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The history of the lucky bamboo plant goes back to Chinese culture for over 4000 years. In Asian culture, it symbolizes good fortune and is popular during the time of celebrations like New Year and other religious festivals. The Lucky Bamboo plant is a household plant that is easy to care for and grows well in indirect sunlight. Many people think that it’s a real bamboo plant. But it is a type of tropical water lily called Dracaena sanderiana.