The game stars popular cartoon character Bugs Bunny who finds and activates a time machine after taking a wrong turn at Albuquerque. He ends up in Nowhere, home of a sorcerer named Merlin Munroe ("Moyle" to Bugs). Merlin explains to Bugs that he is lost in time and that he must travel through different eras to collect clocks symbols and golden carrots that will allow him to return to the present. Players must help Bugs to go through five different eras of time to get back home. A sequel, Bugs Bunny and Taz: Time Busters was made for the same consoles.
- Bugs Bunny - The main character of the game. He is a rabbit who outwits his enemies on his quest to return to the present.
- Merlin Munroe - A sorcerer who tells Bugs useful information to get back to the present. His name as a pun on Marilyn Monroe.
- Elmer Fudd - A caveman who hunts "wabbits." He is the antagonist of the Stone Age Era.
- Daffy Duck - Bugs' rival who is hunted by Elmer Fudd in the Stone Age and appears with his 'Robin Duck' persona in the Medieval Period.
- Witch Hazel - A witch who wants Bugs for her rabbit stew. She lives in the Forgotten Woods and appears in the Medieval Period.
- Yosemite Sam - Appears as the captain of a pirate ship who Bugs battles on Treasure Island in the Pirate Years.
- Rocky and Mugsy - Thugs who rob banks in the 1930s.
- Toro the Bull - A Spanish bull who is outsmarted by Bugs in a bullfight in the 1930s.
- Marvin the Martian - A martian who tests his latest weapon on Bugs Bunny. He appears in Dimension X.
- Instant Martians - Martians who start out as pills will turn into martians when water is added. They appear as obstacles in Dimension X.
- Blacque Jacque Shellacque - Appears as a common enemy in the Pirate Years (where his Bonanza Bunny appearance is used) and the 1930s.
- Beaky Buzzard - A sleepy buzzard who helps Bugs reach a high place when he is played a groovy tune. He appears in the Royal Square in the Medieval Period.
Bugs Bunny Lost in Time consists of 21 levels from five different eras.
The first level that trains you how to play this game. It is unknown what period of time this place is set in. This is also where Bugs Bunny first meets Merlin Munroe. After you complete this level, you will receive one clock.
This era is headed by Elmer Fudd.
|Wabbit on the Run||1 clock|
|Guess Who Need a Kick Start||3 clocks|
|Wabbit or Duck Season||50 golden carrots|
|The Magic Hare Blower||80 clocks|
This era is headed by Yosemite Sam.
|Hey... What's Up Dock?||5 clocks|
|Follow the Red Pirate Road||11 clocks|
|When Sam Met Bunny||35 clocks|
|Mine or Mine?||100 clocks|
This era is headed by Rocky & Mugsy.
|The Big Bank Withdrawal||15 clocks|
|The Greatest Escape||25 clocks|
|Objects in the mirror are closer than they appear!||50 clocks|
|La Corrida||150 golden carrots|
|The Carrot Factory||90 clocks|
The Medieval Period
This is the only era where it gives Bugs Bunny magical abilities. These abilities help to clear every obstacles in all eras.
This era is headed by Witch Hazel
|What's Cookin' Doc?||30 clocks||Super jump|
|Witch Way to Albuquerque?||65 clocks||Music ability|
|Downhill Duck||250 golden carrots||none|
|The Carrot-Henge Mystery||73 clocks||Hovering ability, Open Sesame|
The Dimension X
This era is headed by Marvin the Martian
|The Planet X File||40 clocks|
|Vort X Room||60 clocks|
|The Conquest for the Planet X||70 clocks|
|Train Your Brain (a.k.a. The Space Speedway)||117 clocks|
You have to collect 120 out of 124 clocks in order to finish this game.
- Billy West - Bugs Bunny, Elmer Fudd
- Jess Harnell - Merlin
- June Foray - Witch Hazel
- Mel Blanc - Yosemite Sam (archive vocals)
- Joe Alaskey - Daffy Duck, Marvin the Martian Rocky and Mugsy
References to other Looney Tunes media
- Knight-mare Hare serves as the basis of the game's plot. The intro and ending videos borrow many gags from the short.
- The Stone Age era is inspired by Pre-Hysterical Hare. Additionally, Elmer Fudd appears with his caveman persona from that short.
- Wabbit or Duck Season? is a homage to Rabbit Fire.
- Yosemite Sam appears with his pirate persona from Captain Hareblower. When Sam Met Bunny is a homage to this short.
- The common pirate enemy is based on Blacque Jacque Shellacque as he appeared in Bonanza Bunny.
- La Corrida is a homage to Bully For Bugs.
- One of Hubie and Bertie appear in The Carrot Factory.
- In Objects in the mirror are closer than they appear there is a place called 'TAZ BAR' referencing the Tasmanian Devil, and the real chocolate bar who would go on to appear in the game's sequel as Bugs' sidekick.
- The royal castle part of What's Cookin, Doc? is inspired by Rabbit Hood.
- Daffy Duck appears in the Medieval Period with his 'Robin Duck' persona from Robin Hood Daffy.
- The sneezing dragons are based on the one from Knighty Knight Bugs.
- The opening cutscene of Witch Way to Albuquerque? is inspired by A Witch's Tangled Hare.