Psychedelic Lollipop is the debut album by the American rock band the Blues Magoos, and is one of the first records to have the word “psychedelic” on the sleeve. Their single “(We Ain't Got) Nothin' Yet” was their most successful effort, rising into the Top 10 on many national charts. Guitarist Emil “Peppy” Thielhelm was 16 years old at the time of the single’s release. The band recorded five more albums with various lineups, none reaching the success of Psychedelic Lollipop.

The Blues Magoos are an American rock group from The Bronx, a borough of New York City, United States. They were at the forefront of the psychedelic music trend, beginning in 1966. They are best known for the hit song "(We Ain't Got) Nothin' Yet", their only single to reach the Billboard top fifty.