Popcorn Cake

Directions

1. 1
   Butter an angel food cake pan.
2. 2
   Pop popcorn and sift to get rid of unpopped corn.
3. 3
   Melt margarine and marshmallows; remove from heat and add peanuts and a cup of gumdrops.
4. 4
   Stir with large spoon and pour over popcorn until popcorn is covered.
5. 5
   Wet hands with cold water and pack well into angel food cake pan until firm. Let stand in pan for 3 hours, then take out and wrap in wax paper or store in cake container.