Why hello there! My name is Tama! This is kinda sorta my second attempt at this, so bear with me. I feel as though my first attempt at writing this fanfiction didn't exactly go the way I wanted to, not to mention I was busy with my freshman year of college at the time, so I didn't have much time to work on this. But, with news of the official Panty and Stocking Teaser, I thought I may as well get started on this for real

This is a "What If" story for Panty and Stocking with Garterbelt, fittingly named Panty and Stocking IF. This alternate timeline has more characters, more "episodes", and overall, more stuff! However this also includes me changing a few things, mainly events and character development. Also this story has OCs so watch out

Now then, without further ado, I hope you enjoy Panty and Stocking IF

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I do not own Panty and Stocking with Garterbelt, all rights go to Studio Trigger, Funimation, and all others associated with the creation and production of the show and manga. Please support the show with it's official release

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Prologue: Liquid Life, Sanguine Strife

Location: Fourth Strata of Hell, Greed

Three demons, each clad in extravagant garments, were sitting at a VIP poker table on top of a balcony, overlooking the casino-goers. The establishment they were in was bustling with activity, as many colorful demons were gambling away their Gehennas to hopefully rake in more profits. Of course, considering the luck consuming nature of the casino, many of them ended up going broke, and unfortunately, going broke in this establishment meant death. Of course, the casino always made sure that their executions were a spectacle, be it guillotines, electric chairs, or even more abstract methods, such as grilling them like burgers on the barbecue.

One of the VIP demons took a drink from her fancy wine glass. Everything she wore appeared to be gold colored, and it even looked like she was made of gold herself, with her eyes sparkling like rubies. This included her gaudy, gem encrusted golden horns, that were akin to the antlers of a deer. She let out a haughty laughter as she dragged all of the table's poker chips in her direction. "Ohohoho~! Simply pathetic! You two really thought you could beat me at a game of poker? My my… you two are hopeless! I will say though, going all in was quite an entertaining gambit, Leviathan, it's just too bad it didn't go in your favor."

Across the table from the golden demoness was Leviathan, a hornless, green eyed demon with many fishlike features, including gills and fins. Leviathan clearly had the worst poker face, as he was clearly pissed, and though he had a massive ear to ear grin, his eyes were fuming with hatred. "Wonderful! I'm simply impressed by your winning streak… and of course I hate you for it. Ohhhh, such elation! I never felt such a rush in weeks! Thank you Mammon… but also fuck you."

Mammon laughed even more in response to Leviathan's frustration. "Oh Leviathan! You are simply anathema to the concept of luck! And oh my, looks like someone else is enjoying your frustration~, isn't that right Asmodeus, you disgusting whore." Sitting next to Leviathan was the butt-naked, magenta haired Succubus named Asmodeus, her spade tipped tail wagging like an excited dog. She had a perverted smile, as a line of drool dripped from her mouth. Her glowing pink eyes were staring directly at Leviathan, who paid her no mind. "Mmmhm~! I must say though, you have such a way with words, Mammon, why don't you speak to me like that some time~?" Asmodeus whined at Mammon, whose cheeky expression contorted into a cringing smile.

"Hah, no~"

Suddenly, the trio heard the front doors swinging open with so much force that they collided with the walls. All eyes were on this newcomer… and everyone immediately recognized them for who they were, as all demons in Hell should. His glowing blue eyes darted around the casino, as he brushed some of his yellowish blonde hair out of the way so he could see better. "Ah… there they are," in a blur of movement, the demon suddenly vanished, before appearing once again, having seated himself at the poker table with the other three VIPs. "Sorry I'm late guys, I had to do a bit of paperwork, but that's just how it is these days"

Mammon laughed softly, "It's alright, and I understand considering your new situation regarding Heaven. Would you like a drink, Satan?" Asmodeus stared at Satan with lustful eyes, drooling as she stared at his scarred, shirtless body. "I see you're just wearing those jeans… Mmmm~! So provocative!" Satan just laughed at Asmodeus, "HAHAHA! Heh… glad to see you lot haven't changed a bit… Anyways, I would like a drink. I want the usual, a cocktail of Liquid Life, and Sanguine Strife, and make it a perfect fifty fifty, you know how it goes, too much of one thing can ruin everything." Mammon nodded, whistling at an Imp waitress, catching their attention. "Satan's usual, fifty fifty of Liquid Life and Sanguine Strife." The Imp nodded, and ran off to fetch Satan's drink.

"Now then… I have a more pressing question… Why are we here? After all, you called us all here, and I know you never do anything for 'no reason', so tell us, what's going on?" Satan just leaned back in his seat, whistling a little. "If you must know… I have a gut feeling." Asmodeus gasped, "a gut feeling? My my! How lewd~!" Leviathan just groaned in response to Asmodeus' lustful misinterpretation. "Asmodeus… not everything is sexual, what our good friend is talking about is that his intuition is telling him something… so, Lord of Anarchy, what does your intuition have to say?"

Satan was quiet, as he picked up two cards… one of them a queen of hearts, the other a queen of spades. "Well… I heard about some curious activity going on in Daten City… An increase in ghost activity, heaven's agents snooping around where they shouldn't, and… well, the Daten City Hells Gate is stirring, it won't be long until the Hellsmonkey breaks free, and we all know how problematic that would be." The entire table was staring at Satan in silence… each person with a stunned expression on their face, even Asmodeus. The silence was broken as the Imp waitress brought Satan his drink. "Ah… thank you…" He took a sip of his beverage, "ahhh… perfect… Now then, Mammon, remind me, who did you put in charge of Daten again?" Mammon snapped back to reality, "O-Oh, um… let me check Pentacorp's files… ah right… his name is Corset Dearest, he, well… you know, he's the 'Rule Liker'." Asmodeus audibly wretched upon hearing Corset's name, "Corset… that name is such a mood killer, I feel like I'm drying up at the mere thought of him! I can't believe he and his two cronies came from my Strata!" She spat off to the side, "what's worse, you gave him a position of power! Not only is he an idiot, he's an influential idiot! Damnit!" Asmodeus slammed her fist on the table, causing it to split in two. "HEY! That table was made from African Blackwood! That shit was expensive! Leviathan! Stop laughing, you asshole! Arghhh! Ughhhh… WHATEVER!" Mammon downed the rest of her drink, "the reason I gave him even an iota of influence was because he knew how to rake in big bucks!" Mammon's head turned in Leviathan's direction when she heard him scoff, "have something to say?" "Oh you bet I do, in your reckless thirst for capital, you gave a person with very dangerous ideals power over a city that has a…" He inhaled, "A FUCKING HELLS GATE. You… you see the issue here, right?"

Before Mammon could argue back, the three heard Satan clear his throat, which made them all go silent. "Guys… guys… don't get so riled up, this may seem scary, but I assure you, this will be quite easy to fix!" Satan swirled the drink in his glass, looking at the swirling mixture of his two favorite spirits. "Life without strife is boring, and strife without life has no meaning… What I mean to say is… Let's let Corset stay there, and stir up as much trouble as he wants."

"What!?" "WHAT!?" "W-WHAT!?"

"ARE YOU FUCKING INSANE!?" Leviathan slammed his fist down on the remains of the broken poker table, much to the ire of Mammon. "Corset will destroy that city! Tell me, fucking TELL ME, what thought process in your mind is telling you this is a good idea!?" Satan drank the rest of his beverage, before letting out a menacing cackle, "well… if you must know… two angels have been thrown out of Heaven, and I think it's a safe bet that they'll take care of it, especially since they're under the tutelage of the Garterbelt." Mammon whistled in surprise, "so… two fallen angels, and that legendary man? How fascinating, but I still don't know why we can't just nip this problem at the bud early. Why are you keen on letting these people deal with Corset?"

"Heh heh heh… because Mammon, to live life, you need to have problems. To live is to suffer, and suffering gives us something to strive for, after all, nobody truly wants everything to be handed to them. So… if Corset stirs up a storm of trouble, won't the clear skies be ever so beautiful?" The three other sins stared at Satan, a frightened expression on each of their faces. "Satan… that's…" The mood at the table was very tense now, but the tension was relieved when Asmodeus chimed in, "okay… I'll partake in this gambit of yours… on one condition; if things get out of hand, I'm stepping in." Satan nodded, "that's fair."

Suddenly, Satan's phone went off, "oh hold on, I gotta take this." He listened to what the other person was saying on the other side… and his expression quickly soured, "ugh… I gotta go, I got business with the dickheads upstairs…" Leviathan's expression had calmed down, changing to one of smug pity, "Hmph, they've been on your ass for nineteen years, what did you even do?" Satan gave a death glare in Leviathan's direction, "none of your business, asswipe… now, if you'll excuse me…" Satan jumped off the balcony, and walked out of the casino.

The three remaining VIPs sat at the broken poker table in brief silence, before Asmodeus spoke up, "alright, I guess I have business in Daten City! This will be just so much fun~!" She stood up, and made her way over to exit, leaving Mammon and Leviathan on their own… "She didn't even pay for the fucking table…" Leviathan could practically hear Mammon grinding her teeth, "I uh… I think I'll just go…" And like that, Leviathan left Mammon on her own to deal with Asmodeus' mess

"Ughhh… I need another drink"

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Prologue: END

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Author's note: I hope you all enjoyed the Prologue to our story! Feel free to give any feedback on how I can improve this story, along with my writing, moving forward! And with that out of the way…

I hope to see you in the next episode, "Excretion Without Honor and Humanity!"