On level 16, "Hanging Out", there is a way to get extra lives.
It's a bit tough, though! How to get there: After dropping down the second time, and falling into the shallow water, go back towards yourself, instead of going forward.
Drop down into the hole, and you will see another level, where about four lives are hanging there.
TIP: Before going back, go forward and get the checkpoint. That will help if Crash dies.
We have more cheats and tips for this game here, Crash Bandicoot 2: Cortex Strikes Back cheats
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