«Wheel of Fortune» is the title of a song recorded by Swedish pop group Ace of Base. It was released in January 1993 as the second single from the albumHappy Nation. It was first released in Denmark in April 1992 through small independent label Mega Records.The original version’s music video was directed by Viking Nielson featuring all four original members.

The 1992 version failed to reach the singles chart on its first two releases, but when it was re-released a third time in September, it eventually reached number two. After the success of «All That She Wants» in the United Kingdom, it was released as the second UK single and it reached number 20 in the UK Singles Chart in August 1993.