The First New Years Eve Celebration at Times Square took place in 1904 at the New York Times Headquarters.
The First News Years Eve Ball dropped in 1907. This balled weighed 700 pound and was 5ft wide. It also had 100 lights.
Popular New Years Eve songs include "Auld Lang Syne" by Robert Burns, "1999" by Prince, "It Was a Very Good Year" by Frank Sinatra, "Happy New Year" by ABBA, and "Millennium" by Robbie Williams.
New Years Eve is also known as Old Year's Day or Saint Sylvester's Day in many countries.
"Auld Lang Syne" is a scottish poem written by Robert Burns and can be translated to long long ago, days gone by, or old times.
In Spain people eat 12 grapes before midnight on New Years Eve for good luck throughout the following year.
Samoa, Tonga and Kiritimati (Christmas Island), part of Kiribati, are the first places to welcome the New Year.
In Brazil, New Years officially marks the beginning of the summer holidays, which last until Carnival.
In France, New Year's Eve (la Saint-Sylvestre) is usually celebrated with a feast, le Réveillon de la Saint-Sylvestre.
In Germany, New Years Eve is the only holiday for which fireworks can be sold.
In Portugal, people drink champagne and eat 12 raisins (one for each month of the year)
In Japan people eat Toshikoshi soba (buckwheat noodles), at midnight to say goodbye to the past year and welcome the new one.
In many countries that were once part of the Soviet Union, New Years has the same cultural significance as Christmas. People gather for dinner and exchange presents.