There's a honky tonk in this town that they call the Loser's Lounge
And I guess I'm a charted member you could say
Since love has turned me down nothing to do but hang around
And listen the all fools who congregate

Life is full of heartbreak for a poor boy
Cause a bankroll can turn his woman's head around
No use to try to run away or to move to another town
Cause anywhere a poor boy goes there’s a Loser's Lounge

I had a real good friend named Sam said he just couldn't understand
Why in the world his sweet love turned him down
But a rich man caught her eye he had the money for things to buy
Now there's a brand new member down at the Loser's Lounge