Caramel Popcorn Balls

6 ingredients
4 steps

Ingredients

  • 2 quarts popped popcorn
  • 3 cups rice cereal
  • 42 caramels
  • 3 Tbsp. water
  • 1 cup salted peanuts
  • 1/8 tsp. salt

Directions

  1. 1
    Combine popcorn and cereal in a large bowl; set aside.
  2. 2
    In a heavy saucepan over low heat or in a microwave-safe dish, heat caramels and water until the caramels are melted.
  3. 3
    Stir in peanuts and salt; mix well.
  4. 4
    Pour over popcorn mixture and toss to coat. With buttered hands, shape into 3-inch balls.

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