The ancient evil Leprechaun (Warwick Davis) begins his reign of terror when Scott, a young college student, has a run of bad luck in Las Vegas. While at a pawn shop, Scott discovers one of the Leprechauns gold coins, which will grant the fondest wish of the one who holds it, giving Scott the chance to make his fortune. But unfortunately for Scott, the Leprechaun will kill, torture and maim to get his coin back.