The image features a graphic design with the text "MIGHT BE WATER MIGHT BE VODKA" in a stylized font. The text is arranged in a way that creates a visual illusion, making it appear as if the words are interchangeable. The font is bold and black, which stands out against the white background. The design is simple yet striking, with the text being the main focus. The image does not contain any additional elements or objects, and the overall composition is balanced and centered.