Abstract: A covering, such as a blanket or a poncho, that is successively convertible into and from a stadium seat cushion and a tote bag, employs a conversion means comprised of at least one fastening flap and at least one hanging pocket. The fastening flaps wrap around the folded covering and hold the folded covering in the desired configuration, while the hanging pocket holds small items or beverages while the user is using the folded covering as a seat cushion. The method of folding the covering to convert it from a blanket or poncho into a seat cushion and a tote bag is also described.