Million-Dollar Pie

Total Time:Prep: 20 min. + chilling
Lauren Pahmeier

By Lauren Pahmeier

Recipe by Laura Wilhelm, West Hollywood, CA USA, California

Tested by Taste of Home Test Kitchen

Updated on May 24, 2024

Every bite of this old-fashioned million-dollar pie is sweet, creamy and satisfying. And did we mention it's incredibly easy?

No matter what flavors you like (or don’t like), there’s a perfect no-bake pie recipe out there for you. Coconut and pineapple fans, in particular, will love million-dollar pie, a retro dessert made with just seven ingredients and a little patience. Learn how to make a million-dollar pie that some might say tastes like–ahem—a million bucks.

What is million-dollar pie?

slice of million dollar pie on a plate with the pie tin in the background
Taste of Home

Million-dollar pie is said to have originated in South Carolina in the late 1930s or ’40s, called either “million-dollar” or “millionaire” pie. The recipe likely received its name because of how decadent it is—similar to other million-dollar recipes.

A million-dollar pie recipe typically includes crushed pineapple, shredded coconut and crushed pecans, all held together by whipped topping and sweetened condensed milk. Maraschino cherries are common garnishes, as is a dollop of Cool Whip.

Million-Dollar Pie Ingredients

ingredients for million dollar pie measured out into small bowls on a kitchen counter
Taste of Home

  • Sweetened condensed milk
  • Lemon juice
  • Canned crushed pineapple
  • Sweetened shredded coconut
  • Chopped pecans, divided
  • Frozen whipped topping
  • Graham cracker crusts

Directions

Step 1: Beat the milk and lemon juice

hand with a whisk beating lemon juice and milk together
Taste of Home

In a large bowl, beat the sweetened condensed milk and lemon juice with a whisk until blended.

Test Kitchen Tip: Fresh lemon juice will amp up the flavor of this pie, but if you don’t have any on hand, store-bought lemon juice works just fine.

Step 2: Add the chunky bits

mixing together pineapple, coconut and pecans in a white mixing bowl
Taste of Home

Stir in the drained pineapple, 3/4 cup toasted shredded coconut and 3/4 cup chopped pecans.

Step 3: Fold in the whipped topping

top view of a hand mixing pie filling with a rubber spatula in a large white mixing bowl
Taste of Home

Fold the thawed frozen whipped topping into the mixture and stir until the coconut, pineapple and pecans are uniform throughout.

Step 4: Pour the filling into the crusts

pouring filling into a pie crush in a tin pie dish
Taste of Home

Pour the million-dollar filling into the two graham cracker crusts. Cover and refrigerate until set, about two hours.

Step 5: Finish with toppings and serve

a hand sprinkling topping onto a finished million dollar pie in a tin pie dish
Taste of Home

Sprinkle with remaining 1/4 cup toasted coconut and 1/4 cup chopped pecans before serving. If desired, top with additional whipped topping and garnish with maraschino cherries.

Million-Dollar Pie Variations

  • Make it billionaire pie: If you love cherries, turn million-dollar pie into “billionaire” pie by adding cherry pie filling or chopped maraschino cherries to the filling.
  • Add tanginess: Another option is to add cream cheese instead of sweetened condensed milk to million-dollar pie to create more of a cheesecake flavor.
  • Swap garnishes: If you want to give your pie a fancier look before serving, top it with toasted coconut chips instead of the shredded coconut.

How to Store Million-Dollar Pie

Store your million-dollar pie in the fridge in a covered container and eat it within a few days, before the graham cracker crust starts to get soggy. If you’re putting a cut pie back in the fridge, press a piece of plastic wrap against the cut side to avoid dried-out edges.

Looking for more? Try our favorite millionaire bars.

TEST KITCHEN APPROVED

Million-Dollar Pies

Yield:2 pies (6 pieces each)
Prep:20 min

Ingredients

  • 1 can (14 ounces) sweetened condensed milk
  • 1/4 cup lemon juice
  • 1 can (20 ounces) crushed pineapple, well drained
  • 1 cup sweetened shredded coconut, toasted and divided
  • 1 cup chopped pecans, divided
  • 1 carton (8 ounces) frozen whipped topping, thawed (3 cups)
  • 2 graham cracker crusts (9 inches)
  • Maraschino cherries
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Directions

  1. In a large bowl, beat milk and lemon juice until blended. Stir in pineapple, 3/4 cup coconut and 3/4 cup pecans; fold in whipped topping. Pour into crusts. Cover and refrigerate until set, about 2 hours. Sprinkle with remaining 1/4 cup coconut and 1/4 cup pecans before serving. If desired, top with additional whipped topping and garnish with cherries.
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