Nope; maybe listen again. I don't think he sings "were lucky"; that doesn't quite fit the sounds. The best fit I can find is for "got lucky". Also, I can't help but hearing something between "nothing" and "said". Typo?

Well "gave it up" just filled in a bit of scat in your initial try. I wonder whether the problem is actually in the "water, fire and mud" part. Maybe there's a change there that will give the rest of the sentence meaning.

Yeah, it has some fair guitar work, played slightly too fast, IMO, but what is it doing here? And I think the song really is that bad, with the lyrics not knowing where they are going. It's a disaster ballad, a grim reaper ballad, a lesson and what not.

The Johnstown Flood must have been a serious event, but all I've so far seen it is (are?) sentimental ditties and this. There must be something better than that.

BFN
Mysha