That Wacky Magic! is a Normal Spell Card.
Spell Cards are usually activated from the hand on your turn unless their type gives another timing window.
On the current TCG and OCG Forbidden & Limited lists tracked here, That Wacky Magic! is Unlimited.
YGOPRODeck lists That Wacky Magic! for these formats: Duel Links, Common Charity, TCG, OCG, Master Duel.
A listed print of That Wacky Magic! appears in Galactic Overlord (GAOV-EN063) at Common rarity.
Among markets shown on this page, the lowest listed snapshot for That Wacky Magic! is about $0.10 on TCGPlayer (prices change frequently).
