Toad is not a playable character in Super Smash Bros for 3DS and Wii U
However, as of April 2015, Nintendo has yet to reveal the DLC fighters, so there is a small chance that Toad may become playable.
lets hope
there is no super smash bros 4
He might be, if there is a super smash bros 4.
Yes, he will be a playable character in Super Smash Bros. for Wii U and Super Smash Bros. for Nintendo 3DS (both of which are Super Smash Bros. 4).
It will be called Super Smash Bros. Universe
Yes, it will be called Super Smash Bros. Clash.
In 2012 it will be called Super Smash Bros. Showdown.
no, Obama & Bill Clinton will not be playable characters in super smash bros. 4
It has never been confirmed that "Super Smash Bros. 4" will come out.
I guess we'll have to wait for super smash bros. 4 :)
Mortal Kombat characters will be in super smash bros 4 so he will be there.
Super Smash Bros 4 for 3DS is currently supposed to come out in the Summer of 2014. Super Smash Bros 4 Wii U is supposed to come out in Winter 2014.
Nobody knows yet. No fourth Super Smash Bros. has been revealed by Nintendo.