Ingredients:
2 quarts popped popcorn
3 c. crisp rice cereal
42 caramels
3 Tbsp. water
1 c. salted peanuts
1/8 tsp. salt
Directions:
Combine popcorn and cereal in a large bowl; set aside. In a heavy saucepan over low heat or in a microwave-safe dish, heat caramels and water until the caramels are melted. Stir in peanuts and salt; mix well. Pour over popcorn mixture and toss to coat. With buttered hands, shape into 3 inch balls. Reshape if necessary when partially cooled.
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