The Levitron(TM) is an axisymmetric top magnetized parallel to its sym
metry axis. It can levitate above a specially constructed magnetic bas
e if spun rapidly enough (and, as we found, not too rapidly). We have
written a complete, coupled, nondissipative Hamiltonian system that de
scribes the dynamics of the top. The system is twelfth order and is to
o complicated for general analysis. We have integrated the equations o
f motion numerically and found a region of a two-dimensional manifold
of initial conditions for which levitation persists. We find that the
amplitude of the dynamic variables in the region of persistent levitat
ion scales linearly with the initial tilt of the axis with respect to
gravity. We have identified three distinct modes of failure that corre
spond roughly to insufficient initial spin, too large an initial tilt
and too great an initial spin. Our results are in general agreement wi
th published observations and theoretical estimates.