Can Festival Items be drop on Death

For Both Hunted and None-Hunted Mode if you die to a mob or /kill or player if Hunted mode will any items from Festivals drop or specific items like there are items that have infinite uses ex: Bucket of Holding gives gathering speed and just has a cooldown then there's items that consume on use ex: Spirit Fireworks does it not mater and any item gotten from festivals never drop on death or infinites wont and consumes will and Hunted and Non-Hunted matter.

 

Yeah, unfortunately event items will drop if your soul point are low enough, so they probably drop in hunted too