[Verse 1]
Once I lived the life of a millionaire
Spending my money, and I didn't care
Taking my friends out for a mighty fine time
Buyin' bootleg liquor, cocaine and wine

[Verse 2]
But then I began to fall so low
Didn't have a friend, and no place to go
If I ever get my hands on a dollar again
I'll hold on to it 'til the eagle grins

[Bridge]
Because nobody knows you
When you're down and out
In your pocket not one penny
And your friends you haven't any

[Verse 3]
But as soon as you get up 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

[Clarinet Solo]
[Refrain]
And for the friends you had, you haven't any

[Verse 4]
But as soon as you get up on your feet again
Everybody wants to be your long-lost friend
It's mighty strange, without a doubt
No gal can use you when you're down and out

[Outro]
I mean, when
When you're down and out