"Listen, I got very, very lucky because I got into some trouble where I pissed off a politician and then I lost everything really," the Oscar winner told Barrymore.
"I lost my ability to make a living, I lost any kind of things that I had going on that would bring me money in, so I didn't work for five years."
Luckily for Goldberg, she landed a new gig as host at The View. She says Barbara Walters offered her the job.
"I had gone through all of my savings. You know taking care of your family, everything is sitting on you. And so, I went through everything and she gave me a job which has lasted 10 years now and I'm really grateful for."
Goldberg won an Oscar for her in the film Ghost (1991) and was previously nominated for best actress for The Colour Purple.
Season 24 of The View starts this week and Goldberg hosts alongside Meghan McCain, Sara Haines, Sunny Hostin and Joy Behar.