Jerry Lundegaard is in a financial jam and, out of desperation, comes up with a plan to hire someone to kidnap his wife and demand ransom from her wealthy father, to be secretly split between Jerry and the perpetrators. Jerry, who is not the most astute of individuals, hires a couple of real losers from the frozen northern reaches of Fargo, North Dakota for the job. Then things begin to slip from bad to worse as Jerry helplessly watches on. Jerry hires two men to kidnap his wife so he can get his rich father in law to pay the ransom. Once the ransom is paid Jerry and the kidnappers will split the money down the middle. That's the plan, but what happens is something totally different. Blood is shed when a cop and two innocent people are killed. Marge Gunderson is the Chief who investigates the murders. While Marge investigates, Jerry gets involved in deeper problems, ranging from financial troubles, to threats from the kidnappers.