Woody Woodpecker lives in a slum, and is fed up with his bills, wishing aloud that he were rich. At that moment, a four-leaf clover appears in the floorboards, and transforms into a leprechaun woodpecker, which grants Woody three wishes. Woody immediately wishes for immense wealth, and he gets it-- by robbing a bank without realizing it. A police chase follows; will Woody escape, and what will his other two wishes be?
Woody Woodpecker is wandering around the wild west again seeking to find some buried gold and he tangles with a crook who wishes to find the gold for himself. Woody finally disposes of the villain by shooting him into outer space via a rocket, another favorite method used by Woody to rid himself of whatever he wanted rid of at the moment. The horse steals the film.
Deep in the woods, a birdwatcher is studying the various bird species found there. First, he discovers "love birds" (a henpecked husband bird and his grumbling bird spouse), and a "humming bird" (who hums rock tunes). Then he discovers Woody who gives him all sorts of trouble such as attaching his stethoscope to a running faucet, stretching the lens on his camera and then snapping it back on him, and sending all manner of trees tumbling down onto him.
Woody is hungry and needs food. And to get food, you need money. And to get money, you need a job. So he applies to be an insurance salesman and attempts to sell insurance to Dooley.
Woody goes to Yellowstone National Park, where he encounters a bear who does anything to get food from people.
Woody Woodpecker is on a whaler-ship searching for Dopey Dick, the Pink Whale. When sighted, the ship captain sens Wood out in a rowboat to capture Dopey. The whale wrecks the ship but takes a liking to Woody, and off they go across the ocean with Woody water-skiing behind his new friend.
Woody's vacation in the desert [is] interrupted by a German-accented scientist who thinks he has landed on Mars and wants to take Woody back as a specimen.
The Miracle Telephone Company attempts to stop Woody Woodpecker from pecking holes in its telephone poles.
Woody Woodpecker tells Knothead and Splinter the story of how woodpeckers have influenced world history.
Woody is a salesman, trying to unload his wares on a hibernating (and reasonably irritated) bear.
A bandit and his horse find out that a big shipment of gold bullion is being shipped by train, so they make immediate plans to hijack it. As fate would have it, Woody Woodpecker is the train's guard.
Knothead and Splinter, Woody Woodpecker's nephew and niece, are reading "Little Red Riding Hood" and are asked to deliver a bag of goodies to Grandma in the forest. They meet a wolf.