5 Minute Million Dollar Dip

5 Million Dollar Dip is only 5 ingredients and they don’t call it million dollar dip for nothing! It is so deliciously addicting and will be the biggest hit wherever it goes! 


Can I just say how much I love my readers and fans? I hope you know how much I appreciate all of your amazing comments and support in keeping this blog going. I especially love when readers send me messages and recipes that they want me to try. This recipe was sent to me from a reader telling me that I have to try it!

With it being only 5 ingredients and taking 5 minutes to make, I couldn’t wait to make it for our football party!


This dip has mayonnaise, green onions, cheddar cheese, and bacon bits. If you are looking to substitute the mayonnaise you can use greek yogurt, or even sour cream, but the mayonnaise is a key ingredient in bringing this dip all together. I loved all of the ingredients in this dip and the slivered almonds were my favorite part! They added the perfect crunch to this dip.

It is a MUST make dip for your next football party or gathering. Everyone won’t be able to get enough of it! You will quickly see why it is called a Million Dollar Dip!


5 Minute Million Dollar Dip

4.86 from 7 votes
Prep Time 5 minutes
Total Time 5 minutes
Author Alyssa Rivers
Servings 12 people
5 Million Dollar Dip is only 5 ingredients and they don't call it million dollar dip for nothing! It is so deliciously addicting and will be the biggest hit wherever it goes!
Course Appetizer
Cuisine American


  • 5 green onions chopped
  • 8 oz cheddar cheese shredded
  • cups mayonnaise
  • 1/2 cup real bacon bits
  • 1/2 cup slivered almonds


  1. Add green onions, cheddar cheese, mayonnaise, bacon bits, and slivered almonds to a small bowl. Mix until combined and chill for at least 2 hours. Serve with your favorite crackers.

Recipe Notes

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Nutrition Facts
5 Minute Million Dollar Dip
Amount Per Serving
Calories 311 Calories from Fat 270
% Daily Value*
Fat 30g46%
Saturated Fat 8g40%
Cholesterol 38mg13%
Sodium 437mg18%
Potassium 70mg2%
Carbohydrates 2g1%
Fiber 1g4%
Sugar 1g1%
Protein 8g16%
Vitamin A 257IU5%
Vitamin C 1mg1%
Calcium 154mg15%
Iron 1mg6%
* Percent Daily Values are based on a 2000 calorie diet.


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Alyssa Rivers

I am Alyssa and the blogger behind The Recipe Critic. I started my blog in June of 2012 as a place to share my passion for cooking. I love trying new things and testing them out with my family.

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  1. so how much does this dip create. I am going to our pastors small wedding reception at the church and am bringing a cheese ball with crackers might have to make this along with it as another dish. .

  2. This sounds amazing! Wonder what half mayo half sour cream would be like in it? Maybe some finely chopped jalapeño for a little kick? Am going to try this for sure.

  3. When first made this tasted flat & salty! After chilling overnight, it was Delicious! Put it out for a ball game & it went FIRST & FAST! Will definitely be making it again!!

    1. I made this dip for my Women’s group. It was very old, however, the amount of onions was overpowering! I would definitely cut it down to two or three, five was way too much.

          1. An imitation bacon usually prepared from smoked, chopped and reformed turkey and commonly marketed as a low-fat alternative to bacon. Turkey bacon can be used as a substitute for bacon too. Hope that helps!!

          2. Yes, we don’t eat pork so I made my own bacon bits with turkey bacon (Costco sells a smoked turkey bacon that is great and that tyoe can be found elsewhere too). I carefully cooked up the bacon to get as crispy a texture as possible, then tore it into small pices when cool and gave it a few blitzes in the food processor to get the right bit-sized little pieces. Workes great…just be sure to not overcook or undercook the turkey bacon: overcooking will make it tough and very unpleasan, even bittert; undercooking isn’t a deal-breaker but that is not such a great texture when it is too soft, and harder to work with in food processor.

  4. This dip looks yummy! I need to make it nut-free though, due to allergies. Do you have a suggestion of a substitute for the almonds or would you just omit them?

    1. I think some crunch is important in a dip. I would and will when i make it, substitute chopped water chestnuts fir the nuts 🙂

  5. I just made it so now I have to wait, lol. I am so looking forward to serving this while watching the game tomorrow. Thanks so much!

    1. Actually, addict can be a verb and addicting can act as the participle adjective of the verb “to addict”, just as charming and insulting are the participle adjectives of the verbs to charm and to insult. I don’t think anyone would say that you can’t describe a person as charming or a statement as insulting, and similarly it is OK to describe a recipe as addicting.

  6. I love this dip but feel like 5 green onions was too much. Next time using 2 or 3. I used leftover extra crispy bacon from breakfast which is always the way to go. Added a few dashes of Louisiana Hot Sauce. I think some diced jalapeños would be a great addition to this. Will make this again and again!

  7. I’m going to make this dip for an upcoming football game and I’m going t add some garlic salt and some jalepenos, for kick.

  8. I’ve made this for years – I only use Hellman’s mayo and real crumbled bacon! It’s great as a cold dip but also makes the most AMAZING stuffed mushrooms! Has an entirely different taste warmed up. We also add it to scrambled eggs!! So good!!!!!

  9. I made this for a party but added a few extra ingredients. Chopped Jalapeños, corn and diced water chestnuts. It went so fast!!!! Made it again as a filling for tea sandwiches (because it’s phenomenal on bread too?) for a girls outing, it was the first thing to be completely consumed!!!!
    Seems best when allowed to be refrigerated overnight.
    The best!!!!

  10. I made it last night, it was good but too salty. I think it was the mayo I used, it had 125mg of sodium in it. Can I fix this by adding some sour cream or cream cheese? Or should I toss it and start over?

  11. This was ok, not great. I ended up adding a little salt and pepper and then some garlic powder. I think the mayo is the problem. I’ll probably use cream cheese if I try it again.

  12. I made this as a Christmas Eve appetizer and it was a huge hit. We had the leftovers on toast the next day and it was awesome that way too. I will definitely be making this again. Thanks for a great recipe.

  13. Made this but omitted the almond slivers and green onions due to not having any. I also did not chill for 2 hours. Tried it 1st with sour cream using small amt of ingredients but it wasn’t good. Then tried it with the mayo, what a big difference, I doubled the recipe. It was a hit, had none left.

  14. I liked it cold…but the next day I heated some up and thought it was more like a Two Million Dollar Dip!! To me, it tastes way better heated up!

  15. This looks really good.
    Would either Betty Crocker’s Bac-Os or Oscar Mayer’s turkey bacon be just as good in this good in this?

    1. Yes…turkey bacon works great. See further up where I replied to someone with the same question for my tip on making turkey baco-bits

  16. I made this for a football event…there was so much food there…but this was one that everyone commented on…they couldn’t figure out the crunch…I noticed on the video that sliced almonds were used…but I used the slivered as the recipe requested…I thought the dip was a bit on the salty side…but no one else thought so…its also delicious warmed up …but I noticed it developed a pool of grease…this made a beautiful presentation…

  17. A friend made this and it was absolutely amazing !! I’m not a big onion fan but I was surprised !!! I cant wait to try it this weekend for super

  18. I just made this for a potluck Oscar party tonight. I made it per the recipe, refrigerated it and then tasted it. It needed some salt, pepper and garlic powder and now it’s perfect! I will make this again!

  19. I don’t like much salt do to medications I take, what can be added to absorb the salt? Also I’d probably heat mine up! Can’t wait to try it!!!

  20. I think it’s delicious! I’d love to try cream cheese instead of mayo. As far as the green onions I love the amount bit I’m from Louisiana where green onions are widely used. Thanks!

  21. I have not been able to stop eating this dip! Just be sure it has plenty of time to sit, mine was great the next day.

  22. Alyssa, this dip looks fabulous and easy. I am having a party next weekend, and I am trying to figure out if I need to double it or not. I am having 16 people. What do you think?

  23. Every time I make this I am asked for the recipe by multiple guests!! It is a sure winner. I do add some garlic powder and some hot sauce to spice it up again and serve with wheat thins! I have also substituted creamed cheese for the mayonnaise. Best Foods /Helms Mayonnaise works best!!
    It is easy and expensive and always turns out perfectly.

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