With the help of the singer and dancer Dixie Leonhard US-Entertainer Eddie Sparks wants to bring some fun to the soldiers during World War II. Becoming a perfect team they tour from North Africa to the Pacific to act for "the boys". Later they continue their work but when the author Silver gets involved into McCarthy's campaign and is being fired by Eddie, Dixie turns away from him, too.

In this sequel to the 1981 hit movie, Arthur manages to lose his entire $750 million fortune. Will the former millionaire playboy be able to survive as a broke, unemployable alcoholic? To add to Arthur's problems, wife Linda's biological clock is ticking louder than ever, and she's pressuring him to start taking responsibility for himself.