The present invention relates to a method and system for presenting a virtual gift and falls within the technical field of computers. The method comprises: sending, by a first terminal, a gift-giving request to a gift server, the gift-giving request carrying a target gift identifier; determining, by the gift server, an anchor account of a direct broadcasting room to which a first account logging in the first terminal is attached currently, and sending the gift-giving request to a second terminal in which the anchor account logs; determining, by the second terminal, target gift sound effect data corresponding to the target gift identifier according to a pre-stored corresponding relation between a gift identifier and gift sound effect data, and composing the target gift sound effect data with current live video data in the direct broadcasting room to obtain composed video data; sending, by the second terminal, the composed video data to a video server; and sending, by the video server, the composed video data to a login terminal of each account in the direct broadcasting room. By means of the present invention, the interactivity of a direct broadcasting room can be improved.