I'm still assembling props and working out the visual effects. The hardest parts so far are the cutting open of the peg doll's head and the rain of money.
>For the dolls head I've considered many options. It's wood and too tiny to show a rainbow inside, and it would need to change into a full-screen rainbow. In its simplest form a bigger model could be used, made of a soft material that has a pre-drawn rainbow on the inside, but making a large peg model is difficult and the pre-drawn rainbow might now work very well when it comes to enlargement. My current idea will use two models, one life sized and one larger, and use a chroma key or other masking technique to reveal the rainbow and zoom to full screen.
For the rain of money I intend to film falling coins/money and use a chroma key to overlay it into the rainbow scene for a few seconds, then a closer view to reveal more detail, then a different view of the showering man. The problem is that coins fall very quickly, and they are reflective too which may well disrupt the chroma key. I thought of retarding the fall of the coins by dropping them through a viscous transparent liquid (I don't have a high speed camera). I'd do that if I had access to a fish tank. I could slide the coins on glass but they wouldn't flip and turn.
More of the other scenes are worked out mentally, more or less. I'll continue work tomorrow.