There is no correct way to celebrate New Year's Eve, and the best activity for the evening largely depends on personal preference. Most people in the United States either attend a party or stay in with close friends and family.
A common activity in the United States, whether one is staying at home or going out in public, is watching the annual Times Square ball drop. It is broadcast on television and typically rerun for time zones other than Eastern Standard Time. Most people also view fireworks displays that happen as the clock strikes midnight; amusement parks are good locations to do this. For example, New Year's Eve is one of the busiest days of the year at Disney World and many other theme parks, due in part to the fireworks displays they offer.