Jesse Cowell/My Damn Channel
Teresa Jue
December 24, 2014 AT 06:30 PM EST

Jerry Seinfeld went on Fallon last night and gifted the audience with a rare stand-up performance.

The audience, each of whom had just been gifted a 50-inch VIZIO TV (courtesy of Fallon), was treated to some jokes from Seinfeld, who noted he was only being paid $503 to do the nearly 6-minute set—which hey, is NOT BAD. Seinfeld went on to dissect what the audience is going to do with a brand new television—which is also NOT BAD. Take a look at Seinfeld’s admonishment of accumulating too many things in life.

Douglas Gorenstein/NBC[/caption]

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