Ricky is released from a mental hospital, taking with him the memory of his brother Billy's death and embarking on a journey of relentless revenge.

Billy Chapman, who was traumatized by his parents' Christmas Eve murder, then brutalized by sadistic orphanage nuns, grows up to dress as jolly St. Nick for a yuletide rampage to punish the naughty.

This is the story of the Osmond Family and is based on the book written by Olive (Mother) Osmond. This film tells of the beginnings of this family and how they got to where they were by the late '70s.