After many years of searching, multi-billionaire Scrooge McDuck has finally found the fabled treasure of Colli Babba. What he doesn't know is that amongst the heaps of riches is perhaps the greatest treasure of all--a magic lamp! Unknowingly, Scrooge gives the lamp to young Webby and she, Huey, Dewey and Louie discover Genie, a fast-talking, fun-loving spirit. As Genie grants the kids' wishes he finds he really enjoys just 'being one of the gang.' His days of freedom may be numbered though as Merlock, the powerful and evil sorceror, searches for Genie and the lamp. Merlock once possessed the lamp, using it to do many terrible deeds, and will stop at nothing to get it back.