Hang your deck prism from a cup hook installed in the ceiling and using a deck prism hanger. A deck prism hanger is a brass or metal harness used to dangle the prism from your ceiling, flat end towards the ceiling. Hang the prism above a set of stairs where there is at least some light coming in from above. The light hits the prism from the side and distributes it downwards.
Place the deck prism on a window sill. The light from outside hits the prism which then directs it into the home. This does not add much ambient light to the room, but it does add a certain nautical flair to your decorating.
Set the deck prism at a location where it will catch some light from a lamp or an overhead light. In a room that is dimly lit, it throws noticeable light onto the walls. This is primarily a decorative effect, but it adds to the decor of the room.