Line up 2 of the jumbo popsicle sticks and 12 of the regular size sticks. Using 2 additional jumbo sticks glue them down each side of the hat. This will give your hat craft support. If you don't want to do this step then just glue them on a piece of construction paper.

Paint your hat with red and white craft paint alternating the colors. If you are going to glue them on the construction paper I suggest painting them before gluing. You don't want your paper to have paint streaks all over it. 

Allow the craft to dry and you are done.

If you want to turn this hat into a magnet I recommend using a .75 inch adhesive magnet to hold it up.