
A festive attendee poses during the 142nd Kentucky Derby at Churchill Downs on Saturday, May 7, in Louisville.

A fan watches as trainers prepare a horse for an early race.

You get the idea.

Wearing an fabulous, obnoxious hat is thought to bring good luck (at least, to you and whatever horse you have the most money on).

Fans watch from a balcony.

A festive fan poses in a hat resembling an explosion of pastel ruffles.

"Wearing a hat is much like getting into costume, you might be pleasantly surprised to see what type of character you become," says the Kentucky Derby website.

A fan shows off her feather-and flower adorned hat.

Drink in hand, the racegoer is prepared for the day.

A fan wearing a flower-inspired hat makes her way to the seating area.

While hats are the thing, mint juleps are the traditional drink served at Churchill Downs during the Derby, and they are delicious.

A fan wears a floral themed dress and matching hat.

If two heads are better than one, how about three? Or is that five?

Fancy hats aren't just for ladies; many men have tried their hand in the past few years.

Figure skater Tara Lipinski shows off her striking red hat.

While these two were at the Derby, many hat makers were at parties around the country, vying for prizes for creativity.

Advice from the Kentucky Derby: If your hat is having a pattern party, keep the dress design simple.