An aerial toy including an aerial flying toy object that at least one of floats, flies, and soars in air for an extended period of time; an aerial flying toy string tethered to the aerial flying toy object; an aerial flying toy raising and lowering assembly including: a handle; a housing including a top, a front, and a rear; an aerial flying toy string reel rotatably carried within the housing and carrying the aerial flying toy string; an electric motor carried within the housing and operably coupled to the balloon string reel for driving rotation of the balloon string reel; a power source carried within the housing for powering the electric motor; an aerial flying toy string snag prevention mechanism that helps prevent snagging of the aerial flying toy string.