Eliza falls hopelessly in love with Hamilton, who reciprocates her feelings to the point of marriage, as Angelica suppresses her own feelings for the sake of their happiness.

After Laurens teases him, Burr admits that he is having an affair with Theodosia Bartow Prevost, the wife of a British officer.

In "Wait For It", Burr reflects on Hamilton's swift rise while considering his own more cautious career.

A member of the Hamilton ensemble plays a character called "The Bullet" who represents death's slow march towards Hamilton throughout the show and interacts with characters in key moments of foreshadowing. The Bullet herself is killed after King George III's number "You'll Be Back," when she's discovered acting as a spy. She first acts as a bullet coming for Alexander at the start of the song "Stay Alive". Fired by a redcoat soldier, the bullet narrowly misses Hamilton as he's writing correspondence about their dire position in the war.

Hamilton repeatedly petitions Washington to give him a command, but Washington refuses, instead promoting Charles Lee. This decision proves disastrous at the Battle of Monmouth, where Lee orders a retreat against Washington's orders.

As conditions worsen for the Continental Army, Hamilton aids Laurens in a duel against Charles Lee, who has insulted Washington. Laurens injures Lee, who yields, but Hamilton is temporarily suspended by Washington over the duel and sent home.

Washington and Lafayette realize they can win the war by cutting off the British navy at Yorktown, but they will need Hamilton to do so, and the general offers him his long-desired command.

Soon after the victory at Yorktown, Hamilton's son Philip is born, while Burr has a daughter, Theodosia. In "Dear Theodosia", both men sing about their hopes for their children's future.

BURR: Alexander joins forces with James Madison and John Jay to write a series of essays defending the new United States Constitution, entitled The Federalist Papers. The plan was to write a total of twenty-five essays, the work divided evenly among the three men. In the end, they wrote eighty-five essays in the span of six months. John Jay got sick after writing five. James Madison wrote twenty-nine. Hamilton wrote the other fifty-one!

Thomas Jefferson returns to America from being the U.S. ambassador to France, taking up his newfound position as secretary of state and catching up on everything he's missed with friend and fellow cabinet member, James Madison.