It was certified Gold by the RIAA for sales of 500,000 copies. It peaked at #14 on the Billboard Hot 100, becoming their first top twenty single, and was later was nominated for a Grammy Award in 1996.
The title is a reference to when welfare checks are paid out. There are several remixes of the song, including one by DJ Premier.
The song contains a sample from the Chapter 8 and Anita Baker song "I Just Want to Be Your Girl" and an interpolation of the "wake up, wake up, wake up, wake up, get up, get up, get up, get up" chant from Marvin Gaye's "Sexual Healing".