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Suillus spraguei is a species of fungus in the family Suillaceae. It is known by a variety of common names, including the painted slipperycap, the painted suillus or the red and yellow suillus. Suillus spraguei has had a complex taxonomical history, and is also frequently referred to Suillus pictus in the literature. The readily identifiable fruit bodies have caps that are dark red when fresh, dry to the touch, and covered with mats of hairs and scales that are separated by yellow cracks. On the underside of the cap are small, yellow, angular pores that become brownish as the mushroom ages. The stalk bears a grayish cottony ring, and is typically covered with soft hairs or scales.

Suillus spraguei grows in a mycorrhizal association with several pine species, particularly eastern white pine, and the fruit bodies grow on the ground, appearing from early summer to autumn. It has a disjunct distribution, and is found in eastern Asia, northeastern North America, and Mexico throughout the range of the host tree. The mushroom is edible, although opinions about its quality vary. The mushroom bears a resemblance to several other Suillus species, including the closely related S. decipiens, although the species can be differentiated by variations in color and size.