Once I lived the life of a millionaire
Spending my money, I didn't care
Always taking my friends out for a good time
Spending all my money on gin and cheap wine
And just as soon as my dough got low
I couldn't find a friend, no place to go
If I ever get my hands on a dollar again
I'm gonna squeeze it, I promise I'll squeeze
And make that eagle grin
Nobody knows you
When you're down and out
In your pocket, not one penny
All your friends, you haven't any
But just as soon as you get back on your feet again
Everybody is your long-lost friend
It’s mighty strange, but without a doubt
Nobody knows you when you're down and out
Nobody knows you when you're down and out