Lyrics:

Well, I got a friend who plays the slots
Says he's gonna hit it one day
Gonna spend a thousand a quarter at a time
Throwin' away that money
Throwin away, Throwin away, throwin away that money

I got in jail last saturday night
Sherriffs sure drivin funny
Took a thousand ta get me out
Throwin away my money
Throwin away, throwin away, throwin away my money

Preacher man was passin by
Like to see me in church next sunday
But I've been up in honkey tonk
Throwin away my money
Throwin away, throwin away, throwin away my money

Well I got a check in the mail
It made me warm and sunny
The IRS dun sent me noise
Throwin away my money
Throwin away, throwin away, throwin away my money