Rae Lou usually doubled this.
1/4 C butter or margarine
1 C brown sugar
1/2 C light corn syrup
2/3 C sweetened condensed milk
1/2 tsp. vanilla
pinch of salt
5 quarts popped corn
In saucepan combine butter, brown sugar, & corn syrup. Stir well and bring to a boil over medium heat. Stir in condensed milk, stirring constantly, till mixture comes to soft-ball stage (234 degrees or less). Stir in vanilla & salt. Pour over popped corn.
You can add peanuts and mini marshmellows.
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