Million Dollar Dip is the ultimate party dip that tastes like a million bucks without the effort. With creamy mayo, sharp cheddar, and crispy bacon mixed with a crunch from toasted almonds, every bite is packed with bold flavor and perfect texture. Whether you’re hosting a gathering or indulging solo, this dip is quick to make and impossible to resist.
In a medium bowl, mix together the mayonnaise, cream cheese, onion powder, and garlic powder until smooth.
1 cup mayonnaise, 1 ½ cup cream cheese, 1 teaspoon garlic powder, 1 teaspoon onion powder
Fold in the bacon, Cheddar, almonds, and scallions (leave a bit of each to use as topping). Mix until fully combined and then top with the rest of the bacon, cheddar, almonds and scallions.
4 thick-cut bacon slices, 2 cup extra-sharp Cheddar cheese, 1 cup slivered almonds, ¼ cup thinly sliced scallions
Serve immediately, or cover and refrigerate for up to 3 days.
Video
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Notes
Almonds: Toast the almonds for a nuttier flavor—it’s worth the extra step. All you have to do is spread them in a single layer on a baking sheet and pop them into a 350°F (175°C) oven for 5–7 minutes, stirring once. Keep an eye on them—they toast quickly! You can also toast them in a skillet on the stove for a more hands-on option.
Cream cheese: Let the cream cheese soften to room temperature for easier mixing. You can also swap it for garlic and herb cream cheese for a more intense flavor.
Cheese: Swap out sharp cheddar for Swiss, blue cheese, or even a mix for fun variations.
Bacon: Use real bacon bits for the best texture and flavor—skip the imitation ones.
Amp the flavor up: For a smoky kick, add a pinch of cayenne pepper or smoked paprika.
Make ahead: This dip tastes even better the next day as the flavors meld, so feel free to make it ahead and chill it in the fridge until you're ready to serve it..
Lighten it up: You can swap full-fat mayo and cream cheese for lighter versions, but the texture may be a bit different. It’s worth it if you’re aiming for a lower-calorie option.
Vegetarian option: Just skip the bacon and try adding smoked paprika or liquid smoke for a similar flavor profile. You could also cook up a few slices of veggie bacon and chop them up!
Storage Instructions
If you have any leftovers, store them in an airtight container in the fridge for up to three days. Stir it well before serving again. For the best texture, avoid freezing as dairy doesn’t always do well in the freezer.