Well, in Drupal this can be done even easier! Chaos tool suite (aka Ctools) comes to rescue! This module is a must have on any website, so don't worry about installing one more module to do a simple thing. And I'm 90% of you have it already installed.
Ok now to the process, let's collapse the div!
1) Put the content you want to see in a collapse field into the variable, let's call it $collapsed_content
2) And now the magic comes, use this theme function to output collapsible div:
print theme( 'ctools_collapsible', array( 'handle' => 'Click me and you will see collapsed content', 'content' => $collapsed_content, 'collapsed' => TRUE ) );
handle - stands for a clickable text which will collapse/uncollapse your div;
content - we put out content here, previously assigned to $collapsed_content variable;
collapsed - defines default state of a collapsible div, in our case it's collapsed, if FALSE it's uncollapsed. Simple.
That's all! Just two lines of code and you're set with a nice collapsible div.
Note for novices: you can put this code to your node template (for example, node.tpl.php file) OR to your custom module (custom_module.module file) OR to template.php file, on overall, to any place where you have a code which is responsible for the desired output. If you put this code into your custom module, don't forget to add ctools dependency to your custom_module.info file or otherwise, your site may break if you accidentally uninstalled ctools.