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The Chance Capsule is a collectable capsule that appears in the game Mario Party 5. The character can either use the capsule on themselves for a 20 coin fee, or throw it on the board where other characters will be able to access the capsules' effects. When a character uses the Chance Capsule, they will be able to participate in a round of Chance Time. They can choose characters to participate in the event, and the prize that one (or both) will receive. The characters and prizes that are available during Chance Time are determined by a roulette wheel. The prizes that are featured during the event usually pertain to the amount of coins and stars that a character owns.

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