The festival that involves a nighttime parade with illuminated floats in the US is often known as a Lantern Festival or Night Parade. These events typically feature floats adorned with lights, creating a magical atmosphere as participants march through city streets. The floats often represent various themes and cultural stories, captivating the audience. Such festivals serve not only as entertainment but also as a way to promote community unity and encourage family participation, enriching the local culture through shared experiences.