Chests are boxes that can be found in various locations around the map, in 3 different tiers. Each tier has it's own loot tables, which it chooses items to drop from. Chests are a great way to get some quick loot when you find them, no matter what stage of game you are at.
Notes:
Each loot table gets rolled & drops 1 item. If the “nothing” option is chosen, than nothing drops from that table.
Drops from chests are free for anybody to take, regardless of how much damage they dealt.