I've been addicted to this song lately, so I've been working on a Tab to do it acoustically.

I'm a Tab-Newb so bare with me...
(The E at the end of the 2nd phrase is just for color, I don't think they actually 
play it, but it sounds nice every now and then).

4 chords...cake (F#m, A, E, D)

Standard Tuning
EADGBe

F#m A
Baby put down the drink, 
                  E (022100@1)A (x02220@1)Ebaby (022100@1)put down the bottle
                      F#m (244222@1)name="chord_x02220@1">A
You're starting to sink
            E (022100@1)   
When you're down on your knees, it's so hard to swallow

F#m (244222@1)A (x02220@1)  E (022100@1)   A (x02220@1)     E (022100@1) 
Ooooooh  OoooAAAAOoooooh

F#m (244222@1)                         AYour (x02220@1)heart is beating like a loaded gun
       E (022100@1)                     A (x02220@1)         EWhat's (022100@1)done is done and you're spinning in circles
F#m (244222@1)                    AWhere's (x02220@1)the girl that I used to know
            E (022100@1)                    A (x02220@1)  EWhy (022100@1)did you let her go, you know I loved her so
D (xx0232@1)                      A (x02220@1)                   EIt's (022100@1)never any more than one for me but always two or three for you

(Chorus)
                  F#m (244222@1)    ABaby (x02220@1)put down the drink,
                  E (022100@1) A (x02220@1) Ebaby (022100@1)put down the bottle
                   F#m (244222@1)A (x02220@1) EYou're (022100@1)starting to sink
                                    A (x02220@1)        E (022100@1)    
When you're down on your knees it's so hard to swallow
F#m (244222@1)                 AI (x02220@1)don't wanna see it go this way
E (022100@1)                          A (x02220@1)EFeeling (022100@1)like tomorrow's just a yesterday
F#m (244222@1)                     AI (x02220@1)hate the way it is and to tell you the truth
     E (022100@1)             A (x02220@1)   EIt's (022100@1)killing me and it's killing you
F#m (244222@1)                  A (x02220@1)    
I can't stand all the ups and downs 
    E (022100@1)                         A (x02220@1)  EThe (022100@1)back and forths, and the round and rounds
F#m (244222@1)                    AThe (x02220@1)ins and outs of the slammin' doors
     E (022100@1)                        A (x02220@1)    
It's tearing me apart, I can't take no more
D (xx0232@1)                     A (x02220@1)                   EIt's (022100@1)never anymore than one for me but always two or three for you

(Chorus)

F# (244322@1)              ABaby (x02220@1)put down the drink
                  E (022100@1)A (x02220@1) Ebaby (022100@1)put down the bottle
                   F#m (244222@1)AYou're (x02220@1)starting to sink
            EEEE                      AAAA       
When you're down on your knees it's so hard to swallow

F#m (244222@1)                   AI (x02220@1)want us back like we were before
             E (022100@1)                A (x02220@1)  ENot (022100@1)like the broken glass lying on the floor
         F#mx4 (244222@1)                             ABaby (x02220@1)put down the drink, baby put down the bottle

(Bridge)

D (xx0232@1)                 
It feels like it's all slipping away
         A (x02220@1)             AI (x02220@1)wish I had you like it has you
DIt (xx0232@1)feels like it's all slipping away
         AI (x02220@1)wish I had you

(Guitar Solo) F#m A E

(Chorus - Arpeggio)
                  F#m (244222@1) ABaby (x02220@1)put down the drink
                  E (022100@1) A (x02220@1)
baby put down the bottle
                   F#m (244222@1) AYou're (x02220@1)starting to sink

E (Chord)
You get high when you're down but I'm watching you fall

(Chorus) x2-3

(Outro)

F#m(Arpeggio) (244222@1)               A(Arpeggio) (x02220@1)Your heart is beating like a loaded gun
                   E(Arpeggio) (022100@1)and what's done is done 
            F#m(Chord) (244222@1)You're just spinning in circles