Henry Haskell (Eddie Bracken), owner of a hard-scrabble farm near Badger, Oklahona, thwarted in love and through with women forever, strikes oil while digging for water and becomes a millionaire. He heads for New York, with $50,000 in his pocket, to fulfill his lifelong ambition of seeing Grant's Tomb and riding the subway. Fortune-huntress Gladys Hayden (Virginia Field) moves into rooms adjoining Henry's at his swank New York hotel. He joins a large crowd on the street and suddenly finds himself being interviewed by Jean Mitchell (Virginia Wells) on a "Streets of New York" broadcast. When Henry says he is the only millionaire from Badger, Oklahoma, Jean impulsively offers to introduce him to any listener who sends in a box-top of her sponsor's face powder. Henry invites Jean to dine at the Automat and a ride home on the subway and, since he borrows nickels from her for food and the subway, she doubts he is really a millionaire. She is unaware he couldn't get change for a $100 bill.