ý1 lb of velveeta, 1 lb of butter, 4 lbs of powdered sugar, 1 cup of cocoa, and 2 tsp of vanilla ... Melt, blend, pour, cool, cut, serve, eat, and call the cardiologist. OMG. Velveeta Fudge. There you have it. To be fair, I was lacking adult supervision when I made this.