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Super Mario series
Super Mario Bros. 2
In Super Mario Bros. 2, when picked up and thrown to the ground, a Magic Potion allows Mario and friends to enter Subspace, where they can find Gold Coins and Mushrooms. In certain areas throwing one on to a Vase will create a door that will act as a Warp Zone and allow Mario to warp to a different World. In Super Mario Advance, after finishing the game, one can find Yoshi Eggs.
BS Super Mario USA
The Super Mario Bros. Super Show!
In The Super Mario Bros. Super Show!, King Koopa sometimes pulls out a Magic Potion at the end of an episode, usually when he is outmatched by Mario's group, in episodes such as "Bad Rap" and "Mario Meets Koop-zilla" and throws it, creating a Warp Zone for him to escape.
Toad has also used the Magic Potion in a fight with Wart. He enters the door the potion creates and then gives powerups to aid Mario, Luigi, and Yoshi during the fight, including Super Leaves, P-Wings, and Frog Suits.
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