It began on 31 March 1982 with the preliminary round and concluded on 5 June 1982 with the replay final which was held at Makario Stadium.
Omonia won their 6th Cypriot Cup trophy after beating Apollon 4–1 in the final.
In all rounds each tie was played as a single leg and was held at the home ground of one of the two teams, according to the draw results.
If extra time was drawn, there was a replay at the ground of the team who were away for the first game.
14 clubs from the Cypriot First Division and the rest clubs from the Cypriot Second Division met the winners of the preliminary round ties: Because the match ended in a draw after the extra time, a replay match was played.