Lava lamps are great for decorating and giving a nice lighting to any room! It's fame started around sixties , just like beaded vests, flower power and organ solos. But what are they made of? A classic lava lamp contains a standard incandescent or halogen lamp which heats a tall (often tapered) glass bottle. A formula from a 1968 US patent consisted of water and a transparent, translucent, or opaque mix of mineral oil, paraffin wax, and carbon tetrachloride.