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From Terraria Wiki
The Sandstorm in a Balloon is an accessory that combines the functions of the Sandstorm in a Bottle and the Shiny Red Balloon. It will boost your jump and is very similar to the Cloud in a Balloon, but instead of a cloud beneath your feet, a sand jet appears and the character spins as they ascend on that jet. Due to this, the Sandstorm in a Balloon allows for jumps that are nearly twice as high as the Cloud in a Balloon. It can be used with the Cloud in a Balloon and/or the Blizzard in a Balloon after one another for even higher jumps.
- This item can stack with the Cloud in a Balloon, and Blizzard in a Balloon, for a triple, or even quadruple jump.
- This item cannot stack with Sandstorm in a Bottle due to its effect already being applied by Sandstorm in a Balloon.