Yosemite Sam, Daffy Duck, The Tasmanian Devil, Marvin the Martian and Elmer Fudd have stolen Bugs and Lola's carrots and hid them in different sets in the nearby studio. Bugs and Lola head through five different "sets" in order to reclaim them.

In the game, Bugs and Lola (the player can switch between them at any time) can traverse two levels during the set, collecting carrots. Both Bugs and Lola have the ability to jump and hit enemies with a hammer. Bugs is able to push items and dig underground, whilst Lola can slowly descend from heights using her umbrella. Collecting carrots enables Bugs/Lola to run in the air to gain more height with each jump. In addition, other special carrots allow the rabbits to fly using their ears for a short time, or gain invincibility. To pass a stage, four pieces of a clapboard must be found.

The last level of each set sees the boss for the respective level chasing after Bugs, who must make it to the end of the level without falling victim to the various hazards in the way. Once the end of the level is reached, the boss will confront Bugs directly, and he must be beaten in order to progress.