Once I lived the life of a millionaire,
Spent all my money, I just did not care
Took all my friends out for a good time,
Bought bootleg whisky, champagne and wine

Then I began to fall so low,
Lost all my good friends, I did not have nowhere to go
I get my hands on a dollar again,
Im gonna hang on to it till that eagle grins

cause no, no, nobody knows you
When youre down and out
In your pocket, not one penny,
And as for friends, you dont have any

When you finally get back up on your feet again,
Everybody wants to be your old long-lost friend
Said its mighty strange, without a doubt,
Nobody knows you when youre down and out

When you finally get back upon your feet again,
Everybody wants to be your good old long-lost friend
Said its mighty strange,
Nobody knows you,
Nobody knows you,
Nobody knows you when youre down and out