Timmy Turner’s enemies collaborate to form the League of Super Evil Revenge Seekers (L.O.S.E.R.S.) in order to annihilate him. When the Fairy-clipse, a rare astronomical event that happens every million years, prevents Cosmo and Wanda from using their magic to save him, Timmy is forced to outwit the L.O.S.E.R.S. himself.
Centuries ago, the Anti-Fairies and Fairies started an annual bake-off to determine which species gets godchildren, this year, Jorgen von Strangle's recipe is at risk, and Anti-Cosmo and Anti-Wanda are determined to make sure they make Timmy their godchild by stealing the recipe and cheating the fairies out of the competition.
After Mr. Turner gets lost while looking for their hotel and land on a deserted island, he struggles to make a boat to save his family, and to prove his masculinity he doesn't let anyone help him. Timmy wishes for relaxation items, (hammock,Ipod,Club sandwiches,etc).Meanwhile, Poof finds a nuclear bomb in the sand and Cosmo activates it, putting the Turners' life at risk.
When Jorgen von Strangle gets the trick-ups (bouts of fairy hiccups that cause bouts of cheesy magician-like parlor magic) he isn't able to enforce Da Rules, so he must pass it on to his closest available relative until he gets better. Unfortunately, his closest available relative is his long-lost cousin Cosmo as his Nana Boom Boom was playing Explosive Bingo and his cousin Leonard Von Strangle was on a trip in the Bahamas.
Timmy's previous wish for a Planet of the Dads backfires when the Dads realize the one thing missing from their lives is Mom, and they come to steal her away from Dad and Timmy! It's up to Timmy, Cosmo (in a magnify glass disguise), Wanda (in ice cube disguise, who was forced to remain in a freezer to prevent from melting), Poof (in a bee disguise), Mark Chang and a rather bumbling "Real Dad" to thwart the Dads and rescue Mom!