At first, Yankovic had wanted to get Ed McMahon to do some of his other trademark lines (Like "Hey-Oh" and his notable laugh). However, when he was unable to get McMahon, he used voice actor John Roarke.
The lyrics mention McMahon's time doing commercials in which he sold "beer and dog food" and time as the spokesman for the Publishers Clearing House sweepstakes. The latter was also used in a gag on The Weird Al Show in which Weird Al gets a letter from McMahon that says on the envelope: "You May Already Have Won a Million Dollars". He opens it up to discover a stack of dollar bills, only to casually toss it aside in order to read his fan mail.