An Ice Hot Seat provides ice fishermen with both heat and light while fishing at night and includes a hollow cylindrical base in the shape of a bucket with a seat on top. A rectangular opening is near the bottom of the base. A liquid gas lantern is placed within the base and a seat having a specially designed heat tunnel is placed on the top of the base. The base is semi-transparent providing light for the nighttime angler. The heat tunnel channels heat from the lantern out through the front of the seat so that an angler can warm their hands. A band with pockets encircles the base to hold extra fishing articles.