A satirical episode, Paper Boi features as a guest on a talk show called Montague, being part of a discussion on the media's indictment of Black culture and its intersection with trans people. Commercial parodies play throughout the episode during the breaks of the talk show.
During his daily life in Atlanta, Georgia, Earnest 'Earn' Marks' tries to redeem himself in the eyes of his ex-girlfriend, who is the mother of his daughter, as well as his parents and his cousin Alfred, who raps under the stage name 'Paper Boi'.
Having dropped out of Princeton University, Earn has no money and no home and consequently alternates between staying with his parents and his girlfriend. Once he realizes that his cousin is on the verge of stardom, he desperately seeks to reconnect to improve his life and the life of his daughter, Lottie.