$1,000,000 in Gold from 1908 would have been worth approximately $18,541,362.89 in 1994. In 2019 it should be worth $62,272,854.50.
The picture of Curly's father, Lincoln Washburn, is an image of Jack Palance from the film "Shane." Billy Crystal has said that his original inspiration for Curly was Jack Palance's role as Wilson in "Shane."
The horse that Billy Crystal rode in this movie is called Beach Nut and he is the same horse that Crystal rode in the first City Slickers (1991).
Due to having to take daily shots in the first film due to his allergy to horses, Bruno Kirby turned down reprising his role.
Jon Lovitz refers to Pruitt Taylor Vince, overweight sidekick of Bill McKinney, who both play the "hick" robbers, as "pig boy." Bill McKinney played the "squeal like pig, boy" rapist in Deliverance (1972). Also, in the first film, Billy Crystal makes a reference to Deliverance about different cowboys but with the same job as Vince and McKinney.