Down came a jumbuck to dri-ink at that billabong
Up jumped the swagman and grabbed him with glee
And he sang as he stuffed that jumbuck in his tucker-bag
You'll come a-waltzing matilda with me

Up rode the squatter, mounted on his thoroughbred
Up rode the troopers, one, two, three
"Where's that jolly jumbuck you've got in your tucker-bag?"
You'll come a-waltzing matilda with me

Up jumped the swagman and sprang into that billabong
"You'll never take me alive!", said he
And his ghost may be heard as you pa-ass by that billabong
You'll come a-waltzing matilda with me