Instructions:

1. Preheat the oven to 350°F (175°C) and grease a Bundt pan.
2. In a large bowl, combine cake mix, vanilla pudding mix, eggs, sour cream, vegetable oil, water, and vanilla extract. Mix until well combined.
3. Pour the batter into the prepared Bundt pan and bake for 45-50 minutes or until a toothpick inserted comes out clean.
4. Allow the cake to cool completely before frosting.
5. For the frosting, beat cream cheese and butter until smooth. Gradually add powdered sugar and vanilla extract, beating until creamy.
6. Frost the cooled cake with the cream cheese frosting.
7. Sprinkle chopped nuts and shredded coconut over the frosting.
8. Slice and savor each bite of this Million Dollar Cake!