Color Palette:
1. Color Name: Sunshine Yellow
   Hex Code: 
                            
                            #FDB813
                        
   Palette Description: This vibrant and cheerful yellow represents the warmth and joy of smiles. It adds a touch of playfulness to your illustration, resembling the sun's rays.

2. Color Name: Bubblegum Pink
   Hex Code: 
                            
                            #FF7EB9
                        
   Palette Description: This sweet and lively shade of pink exudes a sense of fun and happiness. It brings a youthful and whimsical vibe to your artwork, resembling the color of confetti.

3. Color Name: Minty Green
   Hex Code: 
                            
                            #A6F0C6
                        
   Palette Description: This refreshing and delicate green hue resembles mint leaves, evoking a sense of freshness and vitality. It complements the other colors, adding a touch of tranquility.

4. Color Name: Lilac Dreams
   Hex Code: 
                            
                            #B08BFF
                        
   Palette Description: This dreamy and soft shade of lilac represents imagination and whimsy. It adds a touch of magic to your illustration, resembling the color of scattered confetti in the night sky.

5. Color Name: Cotton Candy Blue
   Hex Code: 
                            
                            #74D0F1
                        
   Palette Description: This light and airy blue hue resembles the color of fluffy cotton candy. It brings a sense of lightness and enchantment to your artwork, representing the feeling of joy.

6. Color Name: Peachy Orange
   Hex Code: 
                            
                            #FFB27D
                        
   Palette Description: This warm and inviting orange shade resembles ripe peaches. It adds a touch of friendliness and warmth to your illustration, symbolizing the act of spreading smiles like confetti.

Overall Palette Description: This whimsical color palette combines vibrant and playful shades like sunshine yellow and bubblegum pink with softer tones like minty green and lilac dreams. Cotton candy blue and peachy orange add warmth and enchantment. Together, these colors evoke a sense of joy, imagination, and happiness, perfectly capturing the essence of the saying "Collect smiles and scatter them like confetti."