On your $10 grab bag from Michaels, you can get a ton of savings on clearance merchandise. Right now, Michaels is selling $10 grab bags that are packed with discounted crafts, home goods, and other items. The grab bags’ contents are unpredictable, although you may anticipate finding things that have been marked down by at least 50%. Some people have even discovered things in their grab bags that had been initially valued over $50.