You’re going to want to sit down for this one: Hugh Hefner has decided to stop throwing his epic Playboy Mansion parties, in an attempt to cut costs. After his recent “Midsummer Night’’s Dream” gala, Hefner announced that his upcoming Halloween bash will be the last.

So, instead of drinking ourselves into a suicidal stupor because of this sad news, we’ve decided to celebrate the bootylicious bashes The Mansion has give us the world by compiling galleries of all the infamous, skin-tastic parties of the past. So grab a cocktail, sit back, and take a journey through all the best parties you were never cool enough to attend in the first place.

Check out the Playboy Mansion party pictures after the jump!

“Carnival” 2008

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“Halloween Party” at the Mansion

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Playboy Mansion’s “Fight Night”

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Random Party Pictures

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“Daily Pool Party”

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Mansion, Grounds and Grotto

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