After Fiscus is shot, his soul leaves his body and watches the medical team try to resuscitate him. Fiscus' soul then begins to wander around trying to figure things out. He approaches a set of double doors, the lights turn red, and synthesized music begins to play....this synthesized music is the opening to the Queen song "Play the Game".
The "merry-go-round in Oak Bluffs" that Morrison refers to is the Flying Horses Carousel, the oldest operating platform carousel in the United States as of 2020.