《Last Christmas》的歌詞由托尼·克萊因創作，由喬治·麥可演唱。以下是這首歌的歌詞：
Last Christmas, I gave you my heart
But the very next day you gave it away
This year to remember how
I'll give my heart just to break it again
Over and over and over
Every time I think I'm over you
I just can't stop thinking about you
When I turn on my radio
Every song reminds me of you
So I'll sing
Last Christmas I gave you my heart
But the very next day you gave it away
And I can't stop myself from wondering why
Can't get you out of my head
Like a video
Everywhere I go there you are still in my mind
Everybody else I see doesn't compare to you
So here's what I'm gonna do
Gonna do is just stop thinking about you
I won't let myself feel so betrayed again
Just for today
Just until Christmas is again
I won't let it snow
(last christmas)
I gave you my heart and it's so hard to forget that night (that night)
How you led me from start to end
It seems like all in my head (all in my head)
So I'll sing (last christmas)
Last Christmas, I gave you my heart (I gave you my heart)
But the very next day you gave it away (gave it away)
And I can't stop myself from wondering why (wondering why)
Can't get you out of my head (out of my head)
Oh no, no, no, no, no, no, no, no, no, no, no (x4)
Oh, oh, oh, oh, oh, oh, oh, oh, oh, oh (x4)
Oh no, no, no, no, no, no, no, no, no (x2)
Oh yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah yeah (x2)
So here's what I'm gonna do (gonna do)
I'm gonna make sure that you can't hurt me again (you can't hurt me again)
Just for today (just for today)
Just until Christmas is again (Christmas is again)
I won't let it snow (I won't let it snow)
Oh yes I will because Christmas means a lot to me because without christmas (Oh yes I will because christmas means a lot to me) And every sweet illusion we had made will stay here inside of me so tonight... let the countdown begin to go without feeling alone on christmas eve because we have so many sweet memories (oh yeah) and even though it might be hard... let it snow let it snow let it snow... (let it snow) Let it snow let it snow... let it snow (x2) oh yes I will... oh no... let it snow! (let it snow) oh yes I will! oh no! oh yes! oh yes! oh yes! oh yes! oh yes! oh yes! oh yes! oh yes! oh yes! oh yes! oh yes! oh yes! oh yes! oh yes! oh no! oh no! oh no! oh no! oh no! oh no! oh no! oh no! (x4)
So there you have it... My heart is once again. That was really good. 謝謝大家! (合唱: It won't stop now) (音樂結束) 喔不! 喔不! 喔不! 喔不! 喔不! 喔不! 喔不! 喔不! 喔不! 喔不!(結束重複以上歌詞多次後音樂結束)。