The Bundys take a vacation to near-beautiful Dumpwater, Florida and stay in a cut-rate motel where an ax murderer that hates tourists, shows up every five years since 1967, and redneck locals begin to make bets on who the psycho will strike next.

Steve takes Al to the vault at the bank where Steve works for a secret after-hours card game, and the next day, one million dollars is reported missing. Al is then treated like a king by Peggy and the kids as well as hostility from Steve all of whom mistakenly think Al stole the money.