Abstract: A lift device for use in raising and lowering personal watercraft, often known as jet-skis, and small boats having a weight of up to about 2000 pounds. The lift device, which is portable and weighs less than about five pounds, has a pair of engaging members, shaped so as to securely engage the gunnels or upper edge of each side of a personal watercraft or small boat. Lifting members are connected to each end of the shaped engaging members forming a pair and are connected on the other end in an inverted V-shape to an attaching mechanism. The attaching mechanism allows the lift device to be removably attached to a raising or lowering device such as a winch. In its method of use, the attaching mechanism is attached to a raising or lowering device, the shaped engaging members are placed securely around the gunnels of each side of the personal watercraft or small boat, the raising or lowering device is activated, and the personal watercraft or small boat is raised out of or lowered into the water.