Elkin Bottle

{3}, {T}: Exile the top card of your library. Until the beginning of your next upkeep, you may play that card.

Masters Edition II

{3}, {T}: Remove the top card of your library from the game. Until the beginning of your next upkeep, you may play that card.

Deckmasters

Fifth Edition

o3, oc
T: Set the top card of your library aside face up. You may play that card as though it were in your hand. At the beginning of your next turn, bury the card if you have not played it.

Pro Tour Collector Set

Ice Age

o3,oc
T: Take the top card from your library and place it face up in front of you. You may play that card as though it were in your hand; if you do not play it by your next upkeep, remove it from the game.

If the Bottle leaves the battlefield or your control, the cards remain waiting until played or until the beginning of your next upkeep. The card is in the “Exile” zone.

The card is not part of your hand in any way. You can’t be forced to discard it due to a discard from hand effect, and you can’t discard it to pay a cost.

This is not considered to be drawing a card.

To “play a card” is to either cast a spell or to put a land onto the battlefield using the main phase special action.

If you do not play the card before your next upkeep, it remains exiled; you just lose the ability to play it.

The exiled card is played using the normal timing rules for its card type, as well as any other applicable restrictions such as “Cast [this card] only during combat.” For example, you can’t play the card during an opponent’s turn unless it’s an instant or has flash. Similarly, if the exiled card is a land, you can’t play it if you’ve already played a land that turn. If it’s a nonland card, you’ll have to pay its mana cost. The only thing that’s different is you’re playing it from the Exile zone.