You need:
One quarter, a pitcher, beer (of course), 8+ people (2 teams)

Pour beer into the pitcher. For hard core drinkers, fill it. For normal people, fill the pitcher half way. Each team alternates in play by attempting to bounce the quarter into the pitcher. The team that gets the quarter in the pitcher chooses the person to be the “anchor” for the losing team. This team then must pass the pitcher around, each taking a drink from the pitcher. This can be any amount that they’d like. The anchor must go last and finish off the remaining beer in the pitcher.

Courtesy of Amog.com