gambol.

[gam-buh l]

verb (used without object), gamboled, gamboling or (especially British) gambolled, gambolling.

1. to skip about, as in dancing or playing; frolic.

noun

2. a skipping or frisking about; frolic.

I spent an hour sitting at an old fashioned school desk staring out the window at the infectious gamboling in my front yard. Kids dressed like Ralphy from The Christmas Story climbed into a wagon and jumped into the two feet of snow, twirled around with their hands in the air, grabbed handfuls of the powder and shoved it in to their mouths, chased each other, threw snow up in the air and laughed with delight as it fell down, and the show went on and on and it was better than TV.