01 -
Place the popped popcorn into a large bowl and set aside.
02 -
In a medium saucepan, combine the light corn syrup, butter, cold water, confectioners' sugar, and marshmallows.
03 -
Heat the mixture over medium heat, stirring frequently, until the marshmallows have melted and the mixture comes to a boil.
04 -
Carefully pour the hot marshmallow mixture over the popcorn, tossing to coat each kernel evenly.
05 -
Grease your hands with cooking spray and quickly shape the coated popcorn into balls before it cools.
06 -
Wrap the popcorn balls with cellophane or plastic wrap and store at room temperature until ready to serve.