AllMovie

Beaver (Jerry Mathers) wins a 14-carat locket at a carnival. At first, he plans to give the prize to his mother, June (Barbara Billingsley). But at the prodding of his friend Gilbert (Stephen Talbot), Beaver ends up presenting the locket to pretty Donna Yeager (Christine Jordan). Not unexpectedly, the ramifications of Beaver's generosity are daunting indeed -- especially when Donna's parents find out.