Aunt Esther and Woody stop by for a visit and as usual, Fred insults Esther and she responds by promptly hitting Fred in the head with her purse. Apparently the blow to his head is so strong that it knocks him out and when he wakes up begins having memory lapses. This prompts him to make up his will and holds a will reading in the living room.

In order to keep The Sanford Arms, Fred and Lamont must raise $4,000 in a week. They begin to scramble and Fred turns to gambling. First he puts together a card game and plays against a hustler and then he makes a little trip to the horse track and bets on the horses. Finally, a trip to a casino ends with unexpected results.