To begin, melt together 1 Cup chocolate chips 1/2 Cup peanut butter 1/4 Cup butter Stir together until smooth and creamy, then stir in 1 tsp vanilla extract

To a gallon sized resealable bag pour in 9 cups Chex cereal Pour the melted chocolate mixture over the cereal, seal the bag and shake until the cereal is fully coated

In a separate gallon sized resealable bag pour in 1 1/2 Cups powdered sugar Transfer the chocolate coated cereal to the bag with the sugar Seal the bag and shake until fully coated