The name "lucky bamboo" is a misnomer; while the "luck" it brings is open to interpretation, the plant is actually a small tree or shrub that is unrelated to the common bamboo plant.
Lucky bamboo (Dracaena sanderiana), a member of the Dracaena family, can be found growing wild in tropical locations in Africa and Asia. It is native to the west central African nation of Cameroon, and exported across the world from both of those continents.
The plant is commonly found adorning the living or work space of those involved in the ancient Chinese practice of feng shui -- a philosophy that says all life flows around an energy source known as "chi." The lucky bamboo's reputation as a plant that brings luck to those around it makes the shrub a vital component of feng shui ritual.
An extremely popular plant due to its reputation and ornamental value, lucky bamboo may be purchased worldwide via dozens of Internet websites. Nurseries and gardening centres also stock the small tree and it is commonly seen available for sale at a range of diverse shops and, occasionally, even mall stores.