New York City during the Depression. Annie lives in an orphanage run by the ill-tempered,
heavy drinking Miss Hannigan. Like the rest of the children, Annie doesn't like the
orphanage and hates Miss Hannigan. When Annie is chosen to spend the Christmas holidays
with the wealthy industrialist Oliver Warbucks, Miss Hannigan is infuriated that
Annie will be spending the holidays in the lap of luxury. Warbucks is charmed by
Annie's spunk and good spirits and is eager to adopt her, but Annie is convinced
that one day her real parents will come back to claim her. Warbucks loves her enough
to offer a fifty thousand dollar reward in the search for her folks. That's when
Miss Hannigan's con-artist brother Rooster and his floozy girlfriend Lily, concoct
a scheme to pose as Annie's long lost parents. Along the way Annie befriends a mutt
named Sandy and even President Franklin Delano Roosevelt .