J. Vernon McGee discusses the burial of Jacob in Genesis 50, emphasizing the deep sorrow Joseph felt for his father and the Egyptian customs of embalming. He notes that Jacob's desire to be buried in Canaan reflects his earthly hope of resurrection, contrasting it with the believer's hope of eternal life with Christ. McGee highlights the significance of mourning and respect shown by the Egyptians towards Jacob, recognizing him as a saint. The sermon concludes by acknowledging the different hopes for believers in the Old Testament and the New Testament, both of which are glorious.