Raysko Praskalo (Bulgarian: Райско пръскало, "Heavenly Sprinkler"), 124.5 m in height, is the highest waterfall in Bulgaria and the Balkan Peninsula. It is situated under Botev Peak (2,376 m) in the central section of the Balkan Mountains and is part of the Dzhendema Reserve of the Central Balkan National Park. The nearest town is Kalofer, at 11 km to the south.
The waterfall takes water from the snow drifts on Botev Peak and forms the river Praskalska which is a tributary to the Byala Reka River. The flow of fall is at its peak during summer.