Lyrics:

Once I led the life of a millionaire
Spent all my money, Lord, like I didn't care
Treatin' my friends out for a mighty good time
Buyin' that fancy liquor, champagne and wine

Then, I began to fall so low
I didn't have no money and no place to go
I ever get my hands on a dollar again
I'm gonna hang on to it 'til that eagle grins 'cause

Nobody knows you when you're down and out
In your pocket you haven't got a penny
As your friends, well, ain't too many
I ever get back on my feet again
Everybody wants to be my long-lost friend
It's mighty strange without a doubt
Nobody knows you when you're down and out

And then I began to fall so low
I didn't have no money and no place to go
I ever get my hands on a dollar again
I'm gonna hang on to it 'til that eagle grins 'cause

Nobody knows you when you're down and out
In your pocket, you haven't got a penny
As your friends, well, there ain't too many
If I ever get back on my feet again
Everybody wants to be my long-lost friend
It's mighty strange without a doubt
Ain't nobody knows you when you're down and out

I mean when you're down and out