Million Dollar Pound Cake is buttery, soft, has rich flavors of vanilla and almond, and is a dessert that's worthy of its name! This classic recipe not only looks impressive but also tastes amazing and, believe it or not, is very simple to makewith just 7 ingredients.
Heat oven to 300 degrees. Generously, butter and flour a 10-inch tube pan. Set aside.
In the bowl of a stand mixer or with a hand mixer, beat the butter until creamy and light yellow in color. This will take about 5 minutes. Gradually add in sugar and continue to beat until fluffy.
Add in the eggs, one at a time, until incorporated.
Add the flour to the butter, and egg mixture alternating with milk, beginning and ending with flour. Beat at low speed just until blended after each addition. Add extracts and mix in.
Pour or spoon the batter (it will be thick) into the prepared pan. Gently tap the pan on the counter to release any bubbles, if needed. Smooth the top of the batter and place in the oven to bake for approximately 1 hour and 40 minutes, or until a toothpick comes out clean when tested.
Cool the cake in the pan for 15 minutes, then remove, and place on a rack or plate to continue cooling.
Notes
To Store: The best way to store pound cake is on the counter, covered or in a sealed container. Keeping it in the refrigerator is not necessary and actually dries the cake out.To Freeze: This cake freezes beautifully! After baking and cooling, make sure to tightly wrap the cake in plastic wrap. Store it in the freezer for up to 3 months. Before serving, let it thaw overnight in the fridge, then place it on the counter to come to room temperature.Nutritional values provided are an estimate and will vary depending on the brands used.