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.