We Made The Pioneer Woman’s Million Dollar Dip—and Her Recipe Is Pure Gold

Will the Pioneer Woman's famous "Million Dollar Dip" live up to the hype? We put Ree Drummond's recipe to the test!

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We’re not quite sure what a million dollars tastes like but according to Ree Drummond, her Pioneer Woman million dollar dip is as close as it gets.

Loaded with all of the best things in life, like bacon, cheese, toasty almonds and cream cheese, it’s no surprise this dip has garnered a reputation as a crowd-pleasing party recipe. It’s high time that our kitchen put this million dollar recipe to the test.

What Is a ‘Million Dollar’ Recipe?

It’s a recipe that’s rich, hence the name! The recipes often have indulgent ingredients, like cream cheese, though this recipe for Mama’s Million-Dollar Fudge calls for butter and evaporated milk instead.

Pioneer Woman Million Dollar Dip Recipe

Ingredients for Pioneer Woman Million Dollar DipLauren Habermehl for Taste of Home

Ingredients

  • 1 (8-ounce) package cream cheese, room temperature
  • 3/4 cup mayonnaise
  • 1/2 cup slivered almonds, toasted
  • 1 cup shredded sharp cheddar
  • 1 cup shredded Swiss
  • 1/4 cup blue cheese crumbles
  • 8 slices regular-cut bacon, cooked until crisp and finely chopped
  • 4 green onions, sliced, green and white parts
  • 1/2 teaspoon kosher salt
  • 1/4 teaspoon ground black pepper
  • 1/4 teaspoon garlic powder
  • 1/8 teaspoon cayenne pepper
  • Buttery crackers, pretzels or raw veggies, for serving

Tools You’ll Need

  • Glass Mixing Bowls: This nested set by Duralex is a space-saving option with bowls of all sizes to suit mixing tasks of all sizes.
  • Chef’s Knife: For chopping bacon and dicing green onions, a quality knife is a cook’s most important tool.
  • Chip/Dip Bowl: I love a serving bowl like this one that’s both functional and beautiful.

Directions

Step 1: Toast the almonds

Toasting Nuts For Pioneer Woman Million Dollar DipLauren Habermehl for Taste of Home

Toast the nuts over medium-low heat in a dry skillet, stirring often; about 5-7 minutes. Don’t walk away! Remove the almonds from the pan once golden and fragrant and let cool.

Step 2: Beat the cream cheese and mayo

Mixing cream cheese and mayo for Pioneer Woman Million Dollar Dip Lauren Habermehl for Taste of Home

In a large mixing bowl, beat together the softened cream cheese and mayonnaise until smooth.

Step 3: Combine the cheeses

Mixing in cheeses for Pioneer Woman Million Dollar DipLauren Habermehl for Taste of Home

Add the three types of cheeses, stir, then fold in the bacon, toasted almonds, green onions (reserve some for garnish) and spices.

Step 4: Mix the ingredients

mixing final ingredients for Pioneer Woman Million Dollar DipLauren Habermehl for Taste of Home

Stir together everything together until evenly blended, then transfer to a serving dish. Cover and chill for at least 4 hours.

Step 5: Serve the dip

Dipping A Cracker Into The Pioneer Woman Million Dollar DipLauren Habermehl for Taste of Home

To serve, sprinkle with additional green onions. Then serve with buttery crackers, salty pretzels and/or fresh vegetables of your choice. Looking for more recipes? Learn how to make million-dollar spaghetti.

Try this dip with the Pioneer Woman cheese ball recipe and pizza pockets. Also, serve your guests with this old-fashioned million-dollar pie and millionaire bars.

Here’s What We Thought

Jackpot, Ree! This dip is worth a million dollars (as is your Pioneer Woman chili).

We love the nutty crunchy and texture the almonds add to this otherwise creamy dip. The combination of cheddar, Swiss, and blue cheese is the perfect combo of tang, sharpness and pungent perfection.

For those wary of blue cheese, don’t be scared off (and try these blue cheese recipes to be converted). Its flavor is subtle and is almost imperceptible. In the amount used here, its strong flavor doesn’t overpower. Rather, it complements the other ingredients, particularly the salty bacon and zippy onions.

How to Make Million Dollar Dip Your Own

Would I make any adjustments? Nope! If a crowd-pleasing dip is your goal, the recipe as written is solid gold.

However, if you want to adapt this recipe to your personal taste, here’s where to start:

  • To kick it up a notch, add some extra cayenne (even a dash of one of these top hot sauces would be nice).
  • For more bacon flavor, fold in an additional slice or two of bacon.
  • If you’re still completely against blue cheese, despite our reassurances, replace it with Parmesan, feta or goat cheese. Those cheeses would still contribute the necessary tang that makes this dip worth a million bucks.

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Lauren Habermehl
Lauren Habermehl is a recipe developer, food photographer and creator of the blog, Frydae. She is a prolific quoter of FRIENDS, lover of weekend DIY projects and procrastinating fitness enthusiast who enjoys exploring the Milwaukee-area with her husband, daughter and ugly mutt named Tyson Doodles.