A combination paint container and tray that includes a container for a supply of a paint product including a base and an upper peripheral closure edge, and a lid constructed and arranged as a paint tray structure having first and opposed second peripheral edge elements. The paint tray has a storage position relative to the container and an opposite use position relative to the container. The paint tray, in the storage position thereof, has the first peripheral edge element for sealed engagement with the upper peripheral closure edge of the container. The paint tray, in the use position thereof, has the opposed second peripheral edge element for positioning on the upper peripheral closure edge of the container. The paint tray, in the use position, is provided with a paint receiving tray surface for receiving a supply of paint.