What does bozo button mean?

bozo button meaning in Urban Dictionary

The etymology originates from the favorite kid's program hosted by none other than Bozo the Clown. Children from audience would play games together with prize ended up being typically a board game. But the consolation award ended up being a sizable key depicting Bozo the Clown. Consequently, an individual brags or flaunts you need to ask them "would you like a cookie or a Bozo Button"