Songfacts®:

• Speaking to UK newspaper The Sun, Lana explained the background to this track: "It's a song about a man who thought I was one of the most exotic things he had ever seen and me indulging in his appreciation and love. On the outside he was handsome and wholesome, but under wraps he was running an illegal electronic business which ended up taking him and his friends under, hence the chorus — 'You look like a million dollar man, so why is my heart broke?'"
• Del Rey told The Sun this torch song is her favorite song to sing live. "It sounds best in New York City jazz clubs under a blue spot light," she said.
• Lana is quoting the opening lines of Elvis Presley/Carl Perkins '50s hit "Blue Suede Shoes" when she sings, "One for the money/Two for the show."