In a small saucepan, bring ginger ale to a boil. Remove from the heat; stir in gelatin until dissolved. Cover and refrigerate for 1 hour or until partially set. Stir in fruit cocktail and rice. Fold in whipped topping. Spoon 2 cups mixture into a 9-in. pie plate lined with plastic wrap.
Spoon remaining mixture into a 1-qt. round-bottomed bowl lined with plastic wrap. Cover and refrigerate for 4 hours or until set. Invert gelatin from bowl on top. wrap fruit rolls around the hat and tie into a bow. Garnish with strawberries and silk flowers if desired.