Lucky is tricked into missing his wedding to Margaret by the other members of Pop’s magic and dance act, and has to make $25,000 to be allowed to marry her. He and Pop go to New York where they run into Penny, a dancing instructor. She and Lucky form a successful dance partnership, but romance is blighted by his old attachment to Margaret and hers for Ricardo—the band leader who won’t play for them to dance together.

Ballet star Pete “Petrov” Peters arranges to cross the Atlantic aboard the same ship as the dancer he’s fallen for but barely knows, musical star Linda Keene. By the time the ocean liner reaches New York, a little white lie has churned through the rumor mill and turned into a hot gossip item: that the two celebrities are secretly married.