This is a recipe for caramel popcorn, very similar to Cracker Jack. By the case, this snack will set you back over $9/lb. But if you have the time and patience, it’s a small fraction of that.
1/2 cup butter (this is 1/4lb stick)
1 cup brown sugar
1/4 cup corn syrup
1/4 tsp baking soda
1/2 tsp vanilla
3 quarts popped popcorn (I microwave it in a lunch bag, no oil)
Start by melting the butter over low heat, add brown sugar, and corn syrup, stir until it boils, then simmer for 5 minutes. Turn off the flame, add the baking soda and vanilla, then pour over the popcorn in a big metal bowl. Bake for 1 hour at 250F, stirring every 10-15 minutes. Tell me if this doesn’t taste like the real thing. (I know, I missed the peanuts. Add them if you like!)