Using 1 bag of microwave popcorn and the rest air popped popcorn, fill your BIG tupperware bowl with popcorn. Remove all unpopped corn as you do this. I use my 8 quart bowl because it's the biggest I have. You can use bigger if you have one. I always end up with an extra 1/2-1 cup caramel left, which definately gets used for other things! (Like letting the kids (and I) each have a spoonful :))!
2 cup brown sugar
1 cup white kero syrup
1/2 cup margarine
1 can sweetened condensed milk
In a heavy saucepan bring to boil the brown sugar, syrup, and margarine. Let boil for 3 minutes. Add sweetened condensed milk. Mix well and let boil for another minute...stirring constantly to avoid scorching. Pour over popcorn and stir well coating the popcorn. Let cool until you can't take it any longer and ENJOY! Make sure to have a wet hand towel nearby to wipe fingers on, or just lick them! Who ever gets to the bottom first gets to eat the CARAMEL that has settled on the bottom!
This is my Mom's recipe. One of my favorite traditions is when she would make this for Christmas. She would make it into balls and my sisters and I would bag the balls. Then we would enjoy them all Christmas break.