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The inflated buds of balloon flowers are fun to pop. And they make great cut flowers. Cut them in the bud stage, and sear the base of the stems to prevent the milky sap from seeping out and fouling the water.
Most commonly available in blue-violet, balloon flowers also come in pink and white, as well as shorter forms that are better suited for rock gardens and containers. In fall, the foliage of balloon flower turns clear gold, so don't cut the plant down too early -- enjoy the show! They tolerate light shade, but not wet feet or drought.