Million Dollar Dip


Formerly known as 'Neiman Marcus dip,' this million dollar dip tastes just like it sounds. I've had more than a few cheesy dips in my day, but this is by far the richest and most addictive one yet. And it's much cheaper than the name suggests! Served with crackers and garnished with green onions and bacon, this dip is sure to be a huge hit at your next party.

Prep Time:
10 mins
Cook Time:
10 mins
Additional Time:
1 hr
Total Time:
1 hr 20 mins
3 cups


  • ½ cup slivered almonds

  • 6 slices bacon, or more as needed

  • 1 ½ cups mayonnaise

  • 1 (8 ounce) package sharp Cheddar cheese, shredded

  • ½ cup thinly sliced green onions

  • 1 pinch cayenne pepper


  1. Toast almonds in a saucepan over medium heat until lightly golden.

  2. Place bacon in a large skillet and cook over medium-high heat, turning occasionally, until crispy and evenly browned, 8 to 10 minutes. Drain and cool slightly before chopping into bits.

  3. Combine mayonnaise and Cheddar cheese in a mixing bowl. Toss in bacon, green onions, almonds, and cayenne. Stir with a spatula until combined. Wrap and chill in the fridge at least 1 hour before transferring to a serving bowl.

    close up view of Million Dollar Dip garnished with bacon and green onions in a glass bowl
    Chef John

Chef's Note:

Use a sharp knife for the green onions so they taste better. This is because if you use a dull knife on onions, you'll be crushing instead of cutting, which releases volatile sulfuric compounds and makes the flavor much harsher.

Nutrition Facts (per serving)

163 Calories
16g Fat
1g Carbs
4g Protein
Nutrition Facts
Servings Per Recipe 24
Calories 163
% Daily Value *
Total Fat 16g 21%
Saturated Fat 4g 20%
Cholesterol 18mg 6%
Sodium 190mg 8%
Total Carbohydrate 1g 0%
Dietary Fiber 0g 1%
Total Sugars 0g
Protein 4g
Vitamin C 0mg 2%
Calcium 76mg 6%
Iron 0mg 1%
Potassium 44mg 1%

* Percent Daily Values are based on a 2,000 calorie diet. Your daily values may be higher or lower depending on your calorie needs.

** Nutrient information is not available for all ingredients. Amount is based on available nutrient data.

(-) Information is not currently available for this nutrient. If you are following a medically restrictive diet, please consult your doctor or registered dietitian before preparing this recipe for personal consumption.

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