Abstract: A buoyant live bait container constructed to contain a quantity of live bait beneath the surface of a body of water via a tether line coupled to ballast anchor and/or nesting flotation collar. A twist-lock cover having a buoyant liner, flow ports and/or carry handle interlocks with a porous storage housing. A positive buoyancy collar can be fitted to the housing. Holes, ported appendages or a cross piece displaced from a concave housing bottom wall can support a tether line coupled to a ballasted anchor. The housing can also provide a longitudinal sidewall flotation member.