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A New York sculptor who opens a wax museum to showcase the likenesses of famous historical figures runs into trouble with his business partner, who demands that the exhibits become more extreme in order to increase profits.
Reformed parolee Steve Lacey is caught in the middle when a wounded former cellmate seeks him out for shelter. The other two former cellmates then attempt to force him into doing a bank job.
On the eve of the Chinese New Year, three strangers, Crystal Shackleford, married to a wealthy philanderer; Jerome Artbutny, an outwardly respectable judge; and Johnny West, a seedy sneak thief, make a pact before a small statue of the Chinese goddess of Destiny. The threesome agree to purchase a sweepstakes ticket and share whatever winnings might accrue.
Two brothers, Bill and Wally Winter, become infatuated with a gold digger, Nina Bellamy. She persuades them to ask their wealthy father, Sir James, for ₤10,000 so Bill can produce a stage show and Wally a movie, both starring Nina. Sir James discovers the truth about Nina and gives his son the money, provided they leave town in secret for one month to write their shows and that they only use new talent.
