Carmel Popcorn

1/4 cup butter/margarine
1 cup brown sugar
1/2 cup light corn syrup
1/2 15 oz can of condensed milk
1/2 tsp of vanilla
5 qt of popped PLAIN popcorn

Combine sugar, butter and corn syrup in a sauce pan. Bring to a boil over medium heat. Stir in milk and simmer until mixture comes to a soft ball stage, stir in vanilla and poor over popcorn. You can then form into balls if you want.