Once I lived the life of a millionaire Spending my money, with never a care Takin' all my friends out for a good time Drinkin' high-priced liquor, champagne and wine; Then I began to fall so low; Didn't have a friend, and noplace to go If I ever get my hands on a dollar again I'm gonna squeeze it, until the eagle grins, cause Nobody knows you when you're down and out. In your pocket, not one penny And your friends, you find you haven't any. But soon as you get back on your feet again Everybody wants to be your long-lost friend It's mighty strange, without a doubt Nobody knows you when you're down and out.