Abstract: A collapsible lantern is disclosed which is formed from a blank which is stamped or otherwise provided from a suitable paperboard material. The lantern blank has four panels which are folded and two of the panels are secured together to form a four sided member. The member carries flaps which are engageable to provide a closed bottom and an open gable top for the lantern, and whereby the lantern is substantially rectangular in cross-section. The arrangement is such that a candle or like light source is disposed within the lantern and at the closed bottom thereof. Holes are provided on the lantern sides and light from the candle is emitted through the holes and through the open gable top to provide the desired result. The flaps are disengageable whereby the lantern is collapsible to a flat form for easy shipment and storage, as the case may be.