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magnetophosphene

n. A flash of light seen when the optic nerve is subjected to a strong changing magnetic field (such as in an MRI)

Wikipedia
Magnetophosphene

Magnetophosphenes are flashes of light ( phosphenes) that are seen when one is subjected to a changing magnetic field such as when in an MRI. This changing field causes current within the retina or visual cortex resulting in the illusion of light. In one series, 8 out of 1023 people having an MRI experienced flashing lights.

Magnetophosphenes have been proposed as an explanation for ball lightning.