Intro:

Once I lived the life of a millionaire, spending my money and I didn't care

Taking my friends out for a mighty fine time buyin' bootleg liquor, cocaine, and wine

Then I be-gan to fall so low, didn't have a friend, and no place to go

If I ever get my hands on a dollar a-gain, I'll hold on to it 'til the eagle grins because

No-body knows you when you're down and out

In your pocket, not one penny. As for friends, you haven't any

But as soon as you get back up on your feet again, every-body wants to be your long lost friend

It's mighty strange, without a doubt, nobody knows you when you're down and out

It's mighty strange, without a doubt, no gal can use you when you're down and out.