A popcorn salt holding and dispensing system and method includes a container that has a quantity of popcorn therein. The container has a bottom wall and a peripheral wall which is attached to and extends upwardly therefrom. The peripheral wall has an upper edge defining an opening extending into the container. A housing has salt therein and the housing includes a first end, a second end and a perimeter wall extending between the first and second ends. The first end has a plurality of apertures extending therethrough to allow salt from the housing to flow outwardly of the housing through the apertures. The housing is removably coupled to the container with a mounting and moved back and forth over the popcorn to deposit salt on the popcorn.