Abstract: A new and improved bungee jumping toy includes an elevated platform and a platform support assembly, e.g. a toy crane, for supporting the elevated platform at a predetermined height above ground level. A jumper figure is capable of selectively standing on the elevated platform or of selectively jumping off the elevated platform. A cord supply assembly is retained by the cab portion of the crane. A resilient cord has a first cord portion connected to the jumper figure and has a second cord portion retained by the cord supply assembly. A first manual control assembly, which includes a manually operated first lever, is located in the cab portion of the crane and is used for controlling a length of the resilient cord payed out from the cord supply assembly to the jumper figure as the jumper figure undergoes a jump.