Once I lived the life of a millionaire,

spending my money, I didn't care

I carried my friends out for a good time,

buying bootleg liquor, champagne and wine

Then I began to fall so low,

I didn't have a friend, and no place to go

So if I ever get my hand on a dollar again,

I'm gonna hold on to it till them eagle's grin

Nobody knows you when you down and out

In my pocket not one penny,

and my friends I haven't any

But If I ever get on my feet again,

then I'll meet my long lost friend

It's mighty strange, without a doubt

Nobody knows you when you down and out

I mean when you down and out

Mmmmm, when you're down and out,

mmmmm, not one penny

And my friends I haven't any,

mmmmm, well I felt so low

Nobody wants me round their door,

mmmmm, without a doubt,

No man can use you wen you down and out

I mean when you down and out