Heads up balloon-glow lovers: The 2017 Vanderbilt Health Franklin Hot Air Balloon Festival takes place Saturday, May 6; tickets are expected to sell quickly. Tickets are available online and will NOT be sold at the gate! The one-of-a-kind outing makes for a perfect night out for families and friends. An estimated 5,000 people will be in attendance. General Admission tickets are $15 (kids under 5 are free); VIP tickets for ages 21 and older are $50 (includes all-you-can-eat barbecue, two alcoholic drink tokens, a t-shirt and seating).