Magical Drop V is a 2012 puzzle video game developed by Golgoth Studio and published by UTV Ignition Entertainment for Microsoft Windows.

Magical Drop V garnered generally unfavorable reception from reviewers; Some felt divided regarding the audio and inclusion of elements from Ghostlop, while criticism was geared towards the numerous technical issues, lack of series-staple features and mechanics, poor English translation, and weak visual presentation.

[4][5][6] Ignition Entertainment struck a deal with G-Mode, a Japanese company which owns various franchises and titles by Data East, to make the game.

[11][12] To promote the launch, Golgoth Studio released the game's soundtrack online for free via their official website and SoundCloud on October of that year.

[19] A reviewer writing for PCActu expressed disappointment towards the game's weak visuals, playability, repetitive audio, as well as the lack of puzzle mode, but highlighted the multiplayer as its strongest point.

[21] Drew Leachman of ZTGD gave positive remarks to the game's simple concept and soundtrack, but lambasted its sluggish controls, inconsistent AI, lag during online matches, and poor translation.

[22] Joystiq's Heidi Kemps concurred with Pinsof and echoed similar thoughts regarding the Engrish translation, numerous glitches, lack of series-staple features, and disparate playstyle of Bruce from Ghostlop compared to other character.