So the kids and I had a craving for this and this is what we made. So yummy. Be prepared. It's addictive!
1 stick butter (real butter only!)
1 cup peanut butter (must be creamy)
1 bag semisweet chocolate chips
1 box (12 oz) rice chex or corn chex cereal
4 cups powdered sugar
In saucepan melt butter, peanut butter and chocolate. Stir often and melt completely. In LARGE bowl pour cereal. When chocolate is melted pour over cereal and mix well. In brown shopping bag put two cups of powdered sugar. Pour chocolate cereal in and shake well. Add remaining two cups of sugar and shake again. Store in airtight container or ziploc bags!