The life of famed 1930s comedienne Fanny Brice, from her early days in the Jewish slums of New York, to the height of her career with the Ziegfeld Follies, as well as her marriage to the rakish gambler Nick Arnstein.

Every year, on June 27th, in a small village in New England, inhabited by no more than 300 people, a lottery is held in which a family is chosen as part of a ritual to ensure a good harvest.

When Johnny is released from prison following a forgery charge, he quickly lands a job as a short-order cook at a New York diner. Following a brief fling with waitress Cora, he develops an attraction for Cora's friend and fellow waitress Frankie. While Frankie resists Johnny's charms initially, she eventually relents when her best friend, Tim, persuades her to give Johnny a chance.