"If I Had $1000000" gained popularity over the course of the band's early tours, before the release of their first album ("Gordon") and became highly requested on radio stations in Canada following the release of "Gordon". This prompted the band's label to release a one-track radio single of the song in December 1992. In 1993, the song would be officially released as a commercial single in the UK; a second commercial single was released there in 1996. Another radio single containing the "Gordon" and "Rock Spectacle" versions of the song was released in North America later. Despite these releases, the song is often not considered a true single, since it gained popularity before the release of a radio single, and it never had a music video (although stations such has MuchMoreMusic and MuchMoreRetro have occasionally aired a 1992 performance from "Intimate and Interactive" as a video).