A receptacle for feces, urine and other pet waste utilizes a cylindrical container for storage until final disposition of the waste is to be made. The container includes a lower section, a middle section and a top section, all removably closed off with a lid and cover, with a collecting bag being held in position at the top section and into which individually retrieved and sealed bags of waste are inserted and suspended after the waste has been scooped up or otherwise gathered. The collecting bag may then be disposed of once the accumulations reach objectionable amounts.