In the night I sit and stare, at my wallet--I've nothing left in there
'Cause the I.P.O. went dead, and that timeshare turned out to be a shed

There goes my money, right down the drain
And I'm strapped for cash and it's a crash, I didn't use my brain
There goes my money, right down the drain
Gotta pay a bill, a bill that's oh so steep, I'm in over my head
and now I wanna cry...

My wife buys fancy clothes. J.C. Penney? She'd just turn up her nose.
At the race my gambling's sane, but the greyhounds I bet on come up lame.

There goes my money, right down the drain
And I'm strapped for cash and it's a crash, I didn't use my brain
There goes my money, right down the drain
Gotta pay a bill, a bill that's oh so steep, I'm in over my head
and now I wanna cry...

I'd cash in my stocks and bonds, but my broker's run off to parts unknown
And I own a house I'd sell, but it's leaking, has rats and a strange smell

There goes my money, right down the drain
And I'm strapped for cash and it's a crash, I didn't use my brain
There goes my money, right down the drain
Gotta pay a bill, a bill that's oh so steep, I'm in over my head
and now I wanna cry...