Once I lived the life of a millionaire
Spent all my money, I didn't care
I took all my friends out for a good time
Bought 'em all whisky, champagne and wine

Then I began to fall so low
I didn't have any friends, I had nowhere to go
If I ever get my hands on a dollar again
I'm gonna hold on to it till that old eagle grins

Because
Nobody knows you
When you're down and out
In my pocket, not one penny
And as for friends
Well, I don't have any

If I ever get on my feet again
Everybody wants to be my old long-lost friend
That's mighty strange, without a doubt
Nobody knows you when you're down and out
Oh, when you're down and out

So, if I ever get on my feet again
Everybody wants to be my old long-lost friend
Said it's kind of strange, without a doubt
Nobody knows you when you're down and out
I mean when you're down and out
Oh, when you're down and out