Millionaire Candy

Introduction

If you’ve ever craved a rich, melt-in-your-mouth candy bar but wanted to make something from scratch, Millionaire Candy is the perfect recipe. This indulgent treat layers buttery caramel, velvety chocolate, and a sugary base that creates the ultimate homemade confection. Whether you’re preparing a holiday spread, gifting sweets, or simply treating yourself, this candy guarantees to impress. With its classic flavor combination and luxurious texture, it’s no wonder this recipe is often considered a “millionaire’s” dessert.

My recipe story

I first discovered Millionaire Candy when I was searching for a special dessert to serve during the holidays. My grandmother had always made homemade caramels, and I wanted something that built upon that tradition but with a more decadent twist. After experimenting with different recipes, I landed on this version that combines brown sugar, butter, and creamy evaporated milk to create a smooth caramel layer topped with chocolate. Over the years, this recipe has become a family favorite—always requested at gatherings and quickly devoured at parties.

💡 Why You’ll Love This Recipe

  • Rich layers of caramel and chocolate create a truly indulgent treat.
  • Perfect for holidays, parties, or gifting as homemade candy.
  • Uses simple pantry staples that are easy to find.
  • Customizable with different toppings and chocolate varieties.
  • Make-ahead friendly, so you can prepare in advance for special occasions.

Ingredient breakdown

This recipe uses just a handful of ingredients, yet each plays an essential role in creating the luscious texture and flavor of Millionaire Candy. The base of the caramel relies on butter, sugar, and evaporated milk, which combine to form a creamy, rich layer that melts in your mouth. The use of both granulated sugar and brown sugar gives the candy depth, with a slight molasses undertone from the brown sugar enhancing the caramelized notes.

Butter is a star ingredient here. Not only does it provide richness, but it also helps keep the caramel smooth and prevents crystallization. Evaporated milk is another key player—it adds creaminess and body while ensuring the caramel doesn’t become too sticky or brittle. Finally, the chocolate layer on top ties everything together, balancing the sweetness with its silky finish. For the best results, use high-quality chocolate that melts well and complements the caramel base.

Equipment you’ll need

  • Heavy-bottomed saucepan
  • Wooden spoon or silicone spatula
  • Candy thermometer (recommended for accuracy)
  • 9×13-inch baking dish
  • Parchment paper
  • Sharp knife for cutting pieces

Step-by-step directions

Step 1: Prepare your baking dish by lining it with parchment paper, leaving an overhang on the sides for easy removal later. Lightly grease the parchment to prevent sticking. This ensures your candy won’t tear when you lift it out and cut it into squares.

Step 2: In a heavy saucepan, melt 2 tablespoons of butter over medium heat. Stir in the evaporated milk, granulated sugar, and brown sugar. Mix continuously until the sugars dissolve and the mixture begins to simmer. This step is crucial for avoiding gritty caramel.

Step 3: Continue cooking the caramel mixture, stirring constantly, until it reaches a soft-ball stage on your candy thermometer (about 234°F–240°F). Patience is key here—too hot and the caramel will harden, too low and it will remain too soft.

Step 4: Remove from heat and immediately stir in the remaining 1 cup of butter until fully incorporated. This creates a smooth, glossy caramel that sets beautifully once cooled.

Step 5: Pour the caramel into the prepared baking dish, spreading evenly with a spatula. Allow it to cool at room temperature until set. This may take 1–2 hours depending on humidity and room temperature.

Step 6: Melt your chocolate of choice (milk, dark, or semi-sweet) using a double boiler or microwave in 30-second bursts. Spread the melted chocolate evenly over the cooled caramel layer. Let it set completely before slicing into small squares or bars.

Variations & substitutions

You can easily personalize Millionaire Candy with a few adjustments. Swap the chocolate topping for white chocolate or drizzle both milk and dark chocolate for a marbled effect. For added crunch, sprinkle chopped nuts such as pecans, almonds, or walnuts over the chocolate before it sets. Sea salt flakes also make a wonderful garnish, balancing the sweetness of the caramel. If you prefer dairy-free options, use plant-based butter and dairy-free chocolate to create a vegan-friendly version of this treat.

💡 Expert Tips & Troubleshooting

  • Always stir continuously when cooking caramel to prevent burning.
  • Use a candy thermometer for best accuracy—guessing the temperature often leads to mistakes.
  • If your caramel turns grainy, you may have stirred after the sugar crystallized. Start over for smooth results.
  • Let the candy cool fully before cutting; otherwise, the layers may separate.
  • Warm your knife slightly for clean, even cuts through the set candy.

Storage, freezing & make-ahead

Millionaire Candy stores beautifully, making it a great make-ahead treat. Keep it in an airtight container at room temperature for up to 5 days. For longer storage, refrigerate the candy for up to 2 weeks. If freezing, wrap the cut squares individually in parchment and store them in a freezer-safe bag for up to 2 months. Allow frozen pieces to thaw at room temperature before serving for the best texture and flavor.

Serving ideas & pairings

This candy is delightful on its own, but you can elevate the experience by pairing it with complementary flavors. Serve alongside a cup of strong coffee or espresso to balance the sweetness. A glass of red wine or port also pairs wonderfully with the rich caramel and chocolate. For a festive twist, package small pieces in decorative tins or boxes and give them as gifts during the holidays. You can also use these candy squares as an elegant topping for ice cream sundaes or crumbled into baked goods like brownies.

FAQ

Can I make this without a candy thermometer?
Yes, but it’s riskier. Use the “soft-ball” water test by dropping a small amount of caramel into cold water—it should form a soft, pliable ball.

What kind of chocolate works best?
High-quality milk or dark chocolate melts smoothly and pairs best with caramel. Avoid chocolate chips as they may not melt evenly.

Can I double the recipe?
Yes, simply use a larger baking dish and adjust cooking time slightly. Ensure your saucepan is large enough to prevent overflow.

Why did my caramel turn grainy?
This usually happens if sugar crystals form on the side of the pan. Avoid scraping crystallized sugar into the mixture and keep stirring constantly.

Can I make this candy vegan?
Absolutely. Replace butter with plant-based margarine and use coconut condensed milk instead of evaporated milk, plus dairy-free chocolate.

Final thoughts

Millionaire Candy is a timeless, luxurious dessert that anyone can master with a little patience. Its buttery caramel, smooth chocolate, and delightful sweetness make it a showstopper for any occasion. Whether you’re gifting it, serving it at a gathering, or enjoying a small square after dinner, this candy never fails to impress. Once you try making it at home, you may find it becomes one of your go-to recipes for the holidays—or any day you need a little extra indulgence.

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Millionaire Candy


  • Author: Sarah White
  • Total Time: 45 minutes + cooling
  • Yield: About 24 squares
  • Diet: Vegetarian

Description

A rich and indulgent homemade candy with buttery caramel and a smooth chocolate topping. Perfect for holidays, gifts, or sweet cravings.


Ingredients

  • 2 tablespoons butter

  • 1 cup butter

  • 2 cups evaporated milk

  • 1 cup granulated sugar

  • 1 cup packed brown sugar

  • 2 cups chocolate, melted (milk, dark, or semi-sweet)


Instructions

  1. Line a 9×13-inch baking dish with parchment paper and lightly grease it for easy removal.

  2. In a heavy saucepan, melt 2 tablespoons butter over medium heat. Stir in evaporated milk, granulated sugar, and brown sugar until dissolved.

  3. Cook the mixture, stirring constantly, until it reaches the soft-ball stage (234°F–240°F) on a candy thermometer.

  4. Remove from heat and stir in the remaining 1 cup butter until smooth and glossy.

  5. Pour the caramel mixture into the prepared dish and let cool completely until set.

  6. Melt chocolate in a double boiler or microwave in 30-second intervals until smooth. Spread evenly over the cooled caramel layer.

  7. Allow the chocolate to set fully, then lift the candy out by the parchment and cut into squares or bars.

Notes

Store in an airtight container at room temperature for up to 5 days, refrigerate for 2 weeks, or freeze up to 2 months. Add sea salt or nuts for extra flavor.

  • Prep Time: 15 minutes
  • Cook Time: 30 minutes
  • Category: Dessert
  • Method: Stovetop
  • Cuisine: American

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