Million Dollar Pound Cake

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Looking for a classic pound cake? This one won't fail.

Servings:
10 to 12

If you are searching for a pound cake that tastes like it's worth a million dollars, this appropriately named Million Dollar Pound Cake recipe is the perfect fit for any occasion.

This pound cake recipe is made with seven common ingredients that you likely already have in your kitchen. It is a simple recipe to create and can be served freshly baked or made ahead and stored for a quick dessert option.

Even with its simple ingredient list, this pound cake manages to be rich and tender without being overly sweet. As with any good pound, it's great on its own or can be served with fresh fruit, fruit sauces, whipped cream, and more. Dressed up or down, it's a favorite for many occasions, and it won't be long before this Million Dollar Pound Cake recipe is a go-to favorite in your home!

million dollar pound cake - southern living

Will Dickey

Ingredients for Million Dollar Pound Cake

The recipe consists of seven common kitchen staple ingredients:

  • Butter: We prefer to bake with unsalted butter. Soften butter at room temperature for 30 minutes.
  • Sugar: This of course adds sweetness, but sugar also makes the cake tender.
  • Eggs: Eggs provide structure and body and help the cake rise.
  • All-purpose flour: The addition of all-purpose flour provides the cake with enough structure and stability, without creating a dense texture.
  • Milk: For moisture and tenderness.
  • Almond extract: You can pick and choose the extract you want to use, but almond and vanilla are classic in pound cake.
  • Vanilla extract: This elevates the flavor of the whole cake.

Unlike other cake recipes, this cake doesn't have any baking soda or baking powder; it uses air as its leavening agent. Whipping the butter, sugar, and eggs in stages creates a wonderfully light and fluffy texture, which helps give the cake its rise.

The use of these specific ingredients and the method they are mixed aid in the rich, buttery texture and flavor, so it is best to avoid substituting the main ingredients unless necessary.

How To Make Million Dollar Pound Cake

The key to success for this pound cake recipe is to make sure all ingredients are at room temperature, and give the batter plenty of time to whip to incorporate as much air as possible. It is also beneficial to use a stand mixer to help with mixing.

The full recipe is below with step-by-step photos and instructions, but here's a brief guide before you get started.

  • Step 1. Blend the butter: To start, beat the room temperature butter until creamy. Periodically, stop the mixer, and scrape down the sides.
  • Step 2. Cream butter and sugar: When the butter is fluffy and light, it's time to add the sugar. Incorporate the sugar slowly, and continue to whip until light and airy. Scrape down the sides once or twice to make sure the butter is fully blended with the sugar. Well-creamed butter and sugar has a slightly grainy texture, but it shouldn't be sandy.
  • Step 3. Add eggs and flour: Add the eggs to the butter-sugar mixture, one at a time, until the mixture completely combines. Continue to scrape the sides of the bowl during the process. Be sure to give this process plenty of time to incorporate as much air as possible.
  • Step 4. Add flour and milk: Once that step is completed, slowly alternate adding the flour and milk into the mixture, then gently stir in the almond and vanilla extracts until well combined. You can overbeat at this point, so mix until blended, but don't keep going for too long.
  • Step 5. Add batter to pan and bake: Make sure your tube pan is greased well and dusted with flour. This will keep the pan from sticking. You can also add a parchment paper liner to the pan to help with release.
  • Step 6. Bake pound cake: Bake at 300°F for an hour and 40 minutes in the middle rack of your oven. Keeping the pan in the middle rack of the oven will make sure the top of the cake doesn't brown too quickly.
  • Step 7. Let cake cool: Once finished baking, let the pan cool on a wire rack for about 15 minutes, and remove the cake from the tube pan to cool before serving or storing. If the cake seems to be sticking, run a butter knife or off-set spatula along the edges to help the cake release.

Doneness Check

Since every oven bakes differently, a good rule of thumb is to begin testing the cake once you start smelling the delicious aroma of the cake baking, or about 15 minutes before the timer is up to make sure you don't overbake.

How To Store Million Dollar Pound Cake

Once the pound cake is baked and cooled, it can be covered and kept at room temperature for up to five days or in the refrigerator for up to a week. It also freezes exceptionally well in case you are baking in advance.

How To Serve Pound Cake

This is a fantastic cake served plain, either warm or at room temperature, but it can also be served with delicious caramel sauce, lemon curd, chocolate sauce, or seasonal fruit compote. Other tasty ideas are to serve the pound cake topped with fresh berries and whipped cream or paired with a scoop of ice cream.

Test Kitchen Tips

This cake is fairly easy, but even the best bakers could use some reminders:

  • For best results, make sure all your ingredients are at room temperature before mixing.
  • Level off the top of the flour when measuring so you don't get too much flour in the mix.
  • This pound cake recipe follows the tried-and-true method of inserting a cake tester or toothpick to check for doneness. Once the tester comes out clean, the cake is finished baking.
  • Let the pound cake cool completely before cutting to ensure neat, clean slices for serving.

Editorial contributions by Nik Pugmire.

Ingredients

  • 1 lb. unsalted butter, softened

  • 3 cups sugar

  • 6 large eggs

  • 4 cups all-purpose flour, plus more for pan

  • 3/4 cup milk

  • 1 tsp. almond extract

  • 1 tsp. vanilla extract

Directions

  1. Prepare oven and tube pan:

    Preheat oven to 300°F. Use vegetable shortening or butter to grease a 10-inch tube pan, getting every nook and cranny covered. Sprinkle a light coating of flour over the greased surface. Set aside.

  2. Beat butter until creamy:

    Beat butter at medium speed with an electric mixer until creamy. (The butter will become a lighter yellow color; this is an important step, as the job of the mixer is to incorporate air into the butter so the cake will rise. It will take 1 to 7 minutes, depending on the power of your mixer.)

    whipped butter in stand mixer
    Will Dickey
  3. Add sugar:

    Gradually add sugar, beating at medium speed until light and fluffy. (Again, the times will vary, and butter will turn to a fluffy white.) Add eggs, 1 at a time, beating just until yellow yolk disappears.

    butter and sugar with egg
    Will Dickey
  4. Add flour and extracts:

    Add flour to creamed mixture alternately with milk, beginning and ending with flour. Beat at low speed just until blended after each addition. (The batter should be smooth and bits of flour should be well incorporated; to rid batter of lumps, stir gently with a rubber spatula.) Stir in extracts.

    adding flour to butter and sugar

    Will Dickey

  5. Add batter to tube pan:

    Pour into a greased and floured 10-inch tube pan.

    pound cake in tube pan
    Will Dickey
  6. Bake pound cake:

    Bake at 300°F for 1 hour and 40 minutes or until a long wooden pick inserted in center comes out clean. Cool in pan on a wire rack 10 to 15 minutes. Remove from pan, and cool completely on a wire rack.

    Million Dollar Pound Cake on wire rack
    Will Dickey
Additional reporting by
Nik Pugmire
Nik Pugmire
Nik Pugmire is a reputable pastry chef, sharing his expertise gained from personal experience working in professional pastry kitchens and bakeries for over 15 years. With formal education, practical skills, and a deep passion for culinary arts, he aims to help share that love and knowledge through his writing.

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