Today in novelty and/or bejeweled milkshakes: Upcoming Hollywood cocktail bar the Powder Room will offer a $500 boozy milkshake when it opens on November 22. The cocktail, still being developed by bartender Adrian Biggs, will feature edible gold leaf, "the finest Belgian chocolates," and a chunky Swarovksi "Nirvana Montana Ring" as the garnish (retail: $190), to give drinkers "something of value to take home and remember the experience," says Powder Room managing partner John Arakaki. "I remember loving Cracker Jack boxes as a kid and getting the prize at the end of it. It's taking that philosophy to another level of execution."

The shake is one of many on the Powder Room's upcoming menu; it's billing itself as a "place where we can... redefine the spiked milkshake concept by giving it a foodie twist." (Other versions include red velvet cake with frosting, and strawberry vodka with brandy, shortbread, and tapioca pudding.) The exact spirits in the $500 drink are still under wraps, but the menu promises they will be "premium."

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