Once I lived the life of a millionaire Spendin' my money, I didn't even care I took all my friends out for good times I rode 'em in my Cadillac, bought 'em whiskey, champagne, and wine But in '54 I began to fall down low Not a friend, no place to go And if I ever get my hands on a dollar again I'm gonna squeeze it, squeeze it till the eagle grins Nobody knows you when you're down and out In your pockets not one penny And your friends, you don't have any But if I ever get on my feet again I hope I don't need my lost long [sic] friend It's mighty strange, without a doubt Nobody knows you when you're down and out Nobody knows you when you're down and out Nobody wants to know you when you're, huh, broke