Another good library is Raize DropMaster.
In any case, I believe that you can do what you want, but maybe it will be HTML or RTF drag and drop? Hard to tell. For example, I can drag the list of hyperlinks to this page (there on the right, under "RELATED") in Word, and they all appear with hyperlinks on board. So it is possible. But I suspect WinWord is being discarded as HTML.
Anyway, Robβs suggestion to look at the examples is good - between this library and Raize, you should find what you can use as a prototype.
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