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Million Dollar Pound Cake

This rich and buttery Million Dollar Pound Cake recipe has been rotating through Southern kitchens for decades. It’s made with seven simple pantry ingredients and can be served on its own, with fresh berries and whipped cream, lemon curd, ice cream or countless other options. It’s a pound cake aficionado’s dream.


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Ingredients to Make Million Dollar Pound Cake Recipe

How Does the Million Dollar Pound Cake Rise? Other than eggs, there’s no leavening in this cake. This makes a key step in the process of making the batter to whip air into the butter. I use a rule of “fives” when making this pound cake.  By that I mean, to give the cake a creamy lighter texture whip the butter on high for 5 minutes then add the sugar and continue to whip for another 5 minutes. This process has a magical effect on the cake batter which adds to the mystique of how such simple ingredients can produce such a pleasing result. How to make Southern Million Dollar Pound Cake: (Scroll down for the full printable recipe card,

  • Flour – All-purpose flour form the base of th cake flour. There is no baking powder or baking soda used for leavening.
  • Butter – Salted butter whipped vigorously helps the pound cake to rise.
  • Flavorings – Vanilla extract and almond extract for a creamy, floral nutty taste.
  • Sugar – Granulated sugar for sweetness.
  • Whole Eggs – Large eggs stabilize the cake batter and gives the pound cake a rich flavor.
  • Liquid – Whole milk OR buttermilk.
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How to Make the Best Million Dollar Pound Cake Recipe

This pound cake is fantastic for make-ahead baking as it freezes like a dream. This beloved cake was first made famous by Southern Living who dubbed it “Million Dollar Pound Cake.” I serve this pound cake in trifles, parfaits, or as is with a cup of hot tea or coffee. It’s a Southern classic that will never grow old.  Follow the preparation technique carefully and this classic delight will be the star ending to any meal.

  • Heat Oven and Prepare Pan – Preheat the oven then butter and flour an angel food pan (tube pan) with a removable bottom.
  • Whip Butter – Whip butter, vanilla and almond extract for 5 minutes on medium-high speed with an electric mixer fitted with the whisk attachment.
  • Cream Butter and Sugar – Switch to the paddle attachment. Add the sugar gradually beating on medium until light yellow in color. (Around 5 minutes)
  • Add Eggs – Add one at a time beating well after each addition.
  • Combine with Flour and Milk – On low speed add the flour alternately with the milk, beginning and ending with flour.
  • Pour Batter into Prepared Pan – Spread evenly into the pan and bounce on the counter, if needed to settle.
  • Oven – Bake per the cook time in the recipe until a toothpick inserted into the cake comes back clean.
  • Cool on a Wire Rack – Slice and enjoy.

Kitchen Equipment to Make Southern Pound Cake

  • A stand mixer or a hand mixer. It’s super helpful to have a stand mixer for making the batter for this pound cake recipe. It takes some time to beat air into the butter and while it can be done using a hand mixer, it’s not possible to do by hand.
  • Large bowl and rubber spatula to scrape the sides of the bowl.
  • Measuring cups and spoons.
  • A tube pan or angel food cake pan
  • Wire rack for cooling the cake after baking.
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Recipe Variations, Tips and Substitutions

  • Rule of Fives – Remember, it’s the rule of fives to make this cake. 5 minutes to whip the butter and 5 minutes to cream the butter with the granulated sugar. This adds air to the batter and gives it a beautiful rise.
  • Butter – If you don’t have salted butter, you can use the same amount of unsalted butter and add 1/2 tsp salt.
  • Use Pure Vanilla Extract – The amount of vanilla extract called for in the recipe is one Tablespoon, not one teaspoon. It’s not a typo.
  • Use the Proper Pan – Please note this is a big cake. You’ll need a large tube pan, sometimes called an angel food pan, for baking. I use one with a removable bottom, but it’s fine to bake it in a pan that doesn’t have that option. This cake can be made in a tube pan without a removable bottom.
  • Test for Doneness – Baking time may vary by oven. Bake until a toothpick or a cake tester, inserted into the center comes back clean.
  • Alternate Pans – You can divide the cake batter and bake it in loaf pans. When doing so, the baking time will need to be adjusted, less batter will take less time to bake.
  • How to Serve – You can enjoy topped with strawberries and whipped cream, ice cream, chocolate sauce, caramel sauce, lemon curd or any fresh fruit that you enjoy.

Storage and Leftovers

  • Leftovers – Store Million Dollar Pound Cake wrapped in plastic wrap or in an airtight container, chilled in the refrigerator for up to 1 week. You can store it at room temperature for up to 5 days.
  • Freezing Tip – When freezing pound cake make certain it’s cooled completely before tightly wrapping in plastic freezer wrap.
  • Freezer – You can freeze it as a whole pound cake or cut it into slices for individual portions. Doing it that way makes it convenient to grab a piece from the freezer for a quick treat or when entertaining unexpected guests. It will easily last in the freezer for up to 3 months. Thaw in the fridge prior to serving.
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More Southern Style Pound Cake Recipes to Make

Southern Living Magazine made this pound cake famous and I love that a cake that’s decades old was featured in such a wonderful publication. More pound cake recipes you may like to try:

best-southern-style-million-dollar-pound-cake-recipe

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4.99 from 97 votes

Million Dollar Pound Cake

Prep Time15 minutes
Cook Time1 hour 30 minutes
Cooling time3 hours
Total Time4 hours 45 minutes
Course: Cake, Dessert
Cuisine: American, Southern
Keyword: easy-million-dollar-pound-cake, million-dollar-pound-cake, million-dollar-pound-cake-recipe
Servings: 16 pieces
Calories: 496kcal
Author: Melissa Sperka

Ingredients

  • 4 cups all-purpose flour sifted
  • 1 pound salted butter softened (4 sticks)
  • 1 Tbsp pure vanilla extract
  • 1 teaspoon almond extract
  • 3 cups granulated sugar
  • 6 large eggs
  • 3/4 cup whole milk OR buttermilk

Instructions

  • Preheat the oven to 300°F. Butter and flour an angel food pan (tube pan) with a removable bottom OR spray with baking spray. Set aside.
  • In the bowl of a stand mixer using the whisk attachment, whip together the butter, vanilla and almond extracts. Whip for 5 minutes on medium-high speed.
  • Switch to the paddle attachment. Add the sugar gradually beating on medium until light yellow in color. (Around 5 minutes)
  • Add the eggs one at a time beating well after each addition. Scrape the sides of the bowl as needed.
  • Lower the speed of the mixer and add the flour alternately with the milk, beginning and ending with flour. Stop and scrape the sides of the bowl occasionally with a rubber spatula.
  • After all has been added, beat for 1 minute or just until the flour has been fully incorporated.
  • Spread the batter evenly into the pan, gently bounce on the counter, if needed to settle.
  • Place into the oven and bake for 1 hr 30-45 minutes OR until a toothpick inserted into the cake comes back clean. (You could also use a long wooden pick or cake tester).
  • Cool for 15 minutes, then remove the outer ring.
  • Cool completely on a wire rack.

Notes

    • Rule of Fives – Remember, it’s the rule of fives to make this cake. 5 minutes to whip the butter and 5 minutes to cream the butter with the granulated sugar. This adds air to the batter and gives it a beautiful rise.
    • Butter – If you don’t have salted butter, you can use the same amount of unsalted butter and add 1/2 tsp salt.
    • Use Pure Vanilla Extract – The amount of vanilla extract called for in the recipe is one Tablespoon, not one teaspoon. It’s not a typo.
    • Use the Proper Pan – Please note this is a big cake. You’ll need a large tube pan, sometimes called an angel food pan, for baking. I use one with a removable bottom, but it’s fine to bake it in a pan that doesn’t have that option. This cake can be made in a tube pan without a removable bottom.
    • Test for Doneness – Baking time may vary by oven. Bake until a toothpick or a cake tester, inserted into the center comes back clean.
    • How to Serve – You can enjoy topped with strawberries and whipped cream, ice cream, chocolate sauce, caramel sauce, lemon curd or any fresh fruit that you enjoy.
    • Alternate Pans – You can divide the cake batter and bake it in two loaf pans. When doing so, the baking time will need to be adjusted, less batter will take less time to bake.
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Nutrition

Serving: 1serving | Calories: 496kcal | Carbohydrates: 62g | Protein: 6g | Fat: 25g | Saturated Fat: 15g | Polyunsaturated Fat: 1g | Monounsaturated Fat: 7g | Trans Fat: 1g | Cholesterol: 123mg | Sodium: 232mg | Potassium: 80mg | Fiber: 1g | Sugar: 38g | Vitamin A: 816IU | Calcium: 34mg | Iron: 2mg
Tried this recipe?Mention @melissassk or tag #melissassk!

861 Comments

  1. 5 stars
    Going to make this for my husbands birthday cake. He likes walnut’s & maraschino cherries on his cake! Thinking about just doing a light icing & adding the cherries & walnuts on top! Afraid to
    Put them in the cake! Thoughts please!

  2. Would a convection selection : my cake rose high – but the toothpick came out the of the cake with batter on it . Continued at 300 another 15 minutes / still a bit of batter on the tooth pick – changed to convection mode to finish it . Hoping for the best .
    Should I have sifted the flour . It feels good on top but I am trying a different setting on my double oven . Put on a middle rack . Thoughts ?

    1. I haven’t tested this particular cake in a convection oven, but am certain adjustments should be made. What you describe is oven related and how it bakes, most likely not related to sifting the flour.

  3. 5 stars
    Love,love the southern living version but with your step by step (detailed) instructions, which really means a lot when making this cake. Thank you for sharing. The cake is delicious and flavorful…just right.

  4. 5 stars
    THIS IS THE BEST POUND CAKE I HAVE EVER HAD! WE MAKE IT FOR BIRTHDAYS, HOLIDAYS AND WHENEVER! WE LOVE IT!

  5. 5 stars
    Hi Melissa! I use bake this recipe all the time and it’s always perfect! Thank you!
    I am wondering if this recipe can be divided and baked into mini Bundt cakes? My pan is for 6 molds and is 14.5x10x2. I tried another recipe meant for mini bundts, but they were a little dry. Do you think this is possible and if so, what bake time?
    Thanks! Sheila

    1. Hi Sheila, I’m so happy you’re enjoy this recipe. Sure, you can bake this batter in mini loaves. The baking time will be considerably less so check them around 25 minutes (Don’t open the oven door unless you can tell they look close to done. Then check back in 5 minute intervals from that point, or until a toothpick inserted into the center comes back clean. I can’t give you the exact time, it will take some real time evaluation when changing the size. Do come back and let us know how it goes!

  6. 5 stars
    Well….. I made this cake and when I checked it for doneness with a toothpick I decided it needed a little more time. Then when I decided to check it again it had fallen. Boy was I .disappointed. But it’s edible and tasty I baked it in a Bundt pan and flipped it over so it’s not noticeable . No one would probably notice it. It is definitely delicious!!💕💕

  7. 5 stars
    Is it supposed to be 300F? Cause my cake never borwnes even after an hour +25 min. I ended up putting it on 350 for 10 minutes then 325F. It finally rose and the colour set it. Took about 2 hours, but thank God I never opened the door til it was done! Delicious cake nonetheless!

    1. What you describe is highly unusual. The oven temperature of 300 degrees f is correct. Pound cakes bake for extended time, when compared to a typical cake, but typically don’t take 2 hours to rise and turn brown in the oven. I’m wondering if your oven needs calibrating. Otherwise, I’m not sure why that happened, after making this cake myself dozens of times through the years. Otherwise, its always advisable to adjust the baking time of any recipe based on how your oven bakes.

  8. Can you make this cake in mini poundcake pans they look like mini Bundt cakes I’m sure with the size of this cake. I probably can make 20 but I wanted to make sure if it would be OK.

4.99 from 97 votes

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