[Intro: Jimmy Fallon]
It's.. time.. for..

[Spoken: Justin Timberlake, Both]
Ladies and gentlemen, welcome to the "Saturday Night Live: 40th Anniversary Special." (No.. Justin-)
Justin, no! Justin, wait th–
Tonight, we'll be looking back on some of our favorite moments
Justin, hold on-
Justin, I-I-I go-I had this
This-this (is) the 40th Anniversary of "SNL."
This is- this is the show that inspired generations of comedians around the world
I mean, look at all the legends here, I mean (Wow)
Give yourselves a round of applause (Yeah, yeah)
Alright, that's enough
Yeah, that's enough
There's more than th- there's more than enough (Yeah, yeah)
A little "generous"
Yeah..
I know what you mean
I mean, this is a historic night
We're here on Studio 8H
I mean, yeah
Just think of all the amazing sketches, and characters
And catchphrases that happened right here
You're talking like uh..
Coneheads? Gumby?
"Jane, you ignorant slut."
Buckwheat, Stefon
"We're here to pump.. you up!"
[Sung]
"Schwing!"
Da bears
"Yeah, that's the ticket."
"You look marvelous."
"Yo Sully, that's wicked!"
The nerds, the bees, and Toonces on the pedal
Roseanne Roseannadanna!
"Well, isn't that special?"
It's the chronic! (What?)
-cles of SNL!
It's the chronic! (What?)
-cles of SNL!
Cheeseburger, cheeseburger!
And Chevy Chase falls!
"And no one can resist my Schweddy Balls."
Dana Carvey and Sandler
And Farley and Rock!
Hey Justin, what's that?

It's my dick in a box
My dick in a box, babe

[The box dropped]
Oh..
Oh, I'll get that for you, buddy
Thanks, man
The Ambiguously Gay Duo!
Ambiguously gay!
We are
We are?
We are
We are?
We are two wild and crazy guys eating little chocolate doughnuts with a samurai!
(There's) Tina
And Amy
And Nealon
And Miller
"I live in a van down by the river!"
"We come from France."
"Oh, don't make me dance."
"Simma' down now."
"Oops! ...I crapped my pants."
From the Californians
Back to Mr. Bill
"Oh nooo!!!"
Bring it on down to SNL!

[Spoken: Rachel Dratch as Debbie Downer]
Sadly, history has taught us that
Opening the show with a musical number
Leads to a sharp drop in ratings
[Womp-waaah]

NBC doesn't care about ratings
They really don't

[Sung: Jimmy Fallon, Justin Timberlake, Both]
Cha cha boochie, cha cha cha boochie roll call!
My name is Jimmy
I am a virgo
I don't do pot
So check me out
My name is Justin
I did pot once
It made me cry
So check me out
So check us out!

['Soul Man' playing, portraying The Blue Brothers]
Sorry, sorry (4x)
Sorry, Justin, I'm sorry (What's wrong?)
Stop, we gotta stop
I'm not feeling well, I'm not feeling well
I th.. I think I have a fever
Can I get you anything?
An aspirin or water?
I mean, we're live
No, nothing..
There's only one prescription
Oh, you mean..
"More cowbell!"

['The Reaper' plays as they hit the cowbell on-beat]

[Spoken: Molly Shannon as Mary Katherine Gallagher]
Sorry, sorry, sorry
I'm sorry, guys
Sorry, sorry
I was just gonna say the..
The sound of cowbells.. makes me nervous
And sometimes when I get nervous
I stick my fingers under my arms
..and I smell them like that
Superstar!

[Sung: Jimmy Fallon, Justin Timberlake, Both]
It's.. time.. for... comedy!
It's time to celebrate
All the nights we stayed up late
Been forty years!
SNL and comedy, like grits and hominy
All the faves of you and me
Been forty years!
We got Chevy, and Aykroyd
And Jane and Laraine
Oh, look!
Garrett, and Franken
Hey, this is insane!
We got McCartney and Simon to join in the fun!
And those are just from season one!
We got Ferrell, Oteri, Meyers times two
McKinnon, and Wiig
And Eddie Murphy's here too!
Hader, and Lovitz, and Murray, and Rock!
(Wrap it up, wrap it up)
And the show's still live so we're watchin' the clock
Four zero years, we're doing alright!

Live from New York, it's Saturday night!!