AceShowbiz -

Travis McCoy has a brand new solo single titled "Billionaire" coming out for listening pleasure. Debuted online on MTV.com, the track is confirmed to serve as the lead single from his forthcoming debut album "Lazarus".

"It's me talking about what would happen if I would somehow manage to become a billionaire. What would I do with the money?" he explained to MTV about what he wants to tell in the song. "Don't get it wrong, I'm far from a billionaire."

"I think I just made it out the 'thousandaire' category. So it's about what I would do with the money and, the same time, it opens up the question, if you were in a position to do something with a decent chunk of money, what would you do?"

Featuring Bruno Mars, the song has been sent to radios and put out for digital download. A companion video is currently in pre-production with a premiere date to be announced shortly.

Originally titled "The Lazarus Project", the album itself is planned to be released in the U.S. on June 8. Artists tagged to help Travis finishing the album include T-Pain, Detail (Akon, Lady GaGa), The Stereotypes (Ne-Yo, Mary J. Blige) and Evan "Kidd" Bogart (Adam Lambert, Beyonce Knowles).

Currently, Travis McCoy is doing his first-ever solo tour, joining Photo Finish recording duo 3OH!3 and Decaydance/Fueled By Ramen labelmates Cobra Starship on "Too Fast for Love" tour. He is also scheduled to perform at South By Southwest (SXSW) festival in Austin, Texas on March 18 and 19.