''Naseeb'', a story of destiny and fate, begins with a lottery ticket. A drunken man who cannot pay his tab trades: he decides to sell his ticket to the waiter, Namdev (Pran (actor)). Namdev purchases this ticket with his three friends Damu (Amjad Khan (actor)), Raghu (Kader Khan) and Jaggi (Jagdish Raj). Using a system of drawing out the highest card to decide who keeps the ticket, Jaggi wins, and the ticket stays with him. When the ticket turns out to be a winner, Damu and Raghu turn on the other two, murdering Jaggi and framing Namdev. Namdev goes on the run, but Raghu and Damu intervene and throw him over a bridge into a river. Namdev is presumed dead.