Malcolm practices for his sports commentator audition at the local radio station, earnestly recording play-by-play onto a demonstration tape while watching the basketball game... until Eddie accidentally blows up the television set. Insistent on helping his roommate replace it, Eddie wheedles Malcolm into attending a free ""personal wealth seminar"" where each participant is promised either a free TV or a set of steak knives.

Aspiring sportscaster Malcom finally gets a chance to be on the air at the radio station but instead of calling the plays, he's given a dee-jay's graveyard shift. Surprisingly, Eddie ends up as the only one who can get his exhausted roommate through the long nights.

Eddie annoys Malcolm when he deviates from their established system of picking their joint weekly lottery ticket numbers and instead chooses what Malcolm considers a dumb mix - 5, 10, 15, 20, 25 and 30. Malcolm forgives Eddie's indiscretion when all six numbers come up, making them instant millionaires... or so they think.... Unfortunately for the mismatched roommates, for the first time in Missouri state history, there's more than one winner of the Instant Millionaire game - many more. When the money is divvied up, Malcolm and Eddie are able to redecorate their apartment just in time to impress Bridget, a young attorney and her roommate Nicollette, a parking enforcement officer, who move in across the hall. Strongly attracted to Bridget, Malcolm is summarily spurned when she makes it clear she's dating NBA Rookie of the Year Damon Stoudamire. Realizing he's at a crossroads in life, Malcolm decides to buy the bar from Kelly. Eddie uses his half of the money to convert the tow truck gar

Malcolm's plan for rededicating his bar from its old name Kelly's, to its new name McGee's, goes amiss when the signs are misspelled, McGoo's. Meanwhile a crazed, bomb-toting football fan takes over Malcolm's crowded bar to protest the rumored move by the Kansas City Chiefs to Los Angeles, and the bar gets city-wide news coverage under the name McGoo's instead of McGee's.

An unlikely romance blossoms between the guys and their girls, during an employee camping retreat in the woods. After being stranded in the woods overnight, Nicolette finally gets Eddie to surrender to her ample womanly charms. Meanwhile, Holly shares bodily warmth with Malcolm, and learns a new respect for him.