The drain is the ground. If you're in the wrong place at the wrong time, yes--you could get a severe shock from a toaster in the bathtub.While we're on the topic - which I find fascinating - I think you'll all agree a toaster in the bathtub is a more likely hazard than an outlet across a flooded room. But still, if you're not actually touching the conductors, and you're no better grounded than anything else in the water, is a toaster in the tub really a guaranteed electrocution like they show in the movies?