It's Christmas and SpongeBob is giving out presents. You are given 5 lives when you start the game. As the presents are stacking up, help SpongeBob give a present to their matching receivers. Basically, SpongeBob has to give out presents to people that are same color as the gift itself. Be quick with giving out the presents because the people only wait for a short time. Letting a receiver wait too cause you to lose a live. Letting presents drop to bottom of the screen also causes you to lose a live. The game ends when you have lost all of your 5 lives.
On the Game Over screen, SpongeBob is trapped in a big pile of presents.
For some reason, trying to enter the code on the menu screen doesn't work.