Author George Barr McCutcheon wrote the 1902 novel in which a man receives $1 million from a rich grandfather. When a rich uncle dies, he leaves the man $7 million dollars. However, there are stipulations. The man has to spend "the grandfather's million within a year and not end up with any assets from the spending spree."
The new film ups the ante to reflect 21st century numbers- he must spend $100 million in one week to inherit $1 billion.
Michael William Schmidt has penned the new adapted script
Joseph Nasser and Jack Nasser are producing the remake.
The film was previously adapted first in 1945--starring Dennis O'Keefe-- directed by Allan Dwan-and then 40 years later starring Richard Pryor and John Candy--directed by Walter Hill.
The notion of a "Millions" remake has been around since 2009.
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