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Percy Piggott, a window cleaner, stands to inherit a fortune. To receive the money, however, he is required to spend a million dollars in a hurry without letting anyone know what he is doing. He decides to invest in a musical comedy, The Garter Girl, starring Lilac Delaney, which he thinks will be a failure. Other spendthrift ideas include putting money in the stock market and betting on the ponies. Each of these dubious investments is a success, even though a shady banker, Van Norden, and his daughter try to separate Percy from his money and from Sally Whittle, Percy's innocent girlfriend. In the second act, on a South Seas island, Percy succeeds in wrecking a yacht, which is hugely expensive to salvage. After various complications, Percy finishes spending the million dollars and finally inherits the money.
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