Dexterous and risk-taking Lucky Garnett (Fred Astaire) pursues dancing and gambling with equal verve. Engaged to the pretty Margaret Watson (Betty Furness), Lucky gets pre-wedding nerves, which leads to the ceremony being called off. Margaret's father decides that Lucky can have a second chance at marrying her if he can make $25,000, so he heads to New York City to seek his fortune. When Lucky meets the beautiful dance teacher Penny Carroll (Ginger Rogers), however, his priorities soon change.
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