Abstract: A multi-purpose blanket has been designed that provides the owner with, among other things, a pillow, a blanket, a hammock, a tarp, a canopy, a poncho, a hammock liner and a hammock underquilt. The blanket has a base member having at least two opposing edges, each of the opposing edges having a casing along at least a portion thereof. A strap is inserted into each of the casings, each of the straps being secured to the base member at one end of the casing. The blanket also has a bag formed by a portion of one side of the base member and a bag panel attached to the one side of the base member. To allow for different configurations, there is a plurality of snap members disposed around a periphery of the base member.