Millionaire Candy

Total Time

Prep: 30 min. Cook: 30 min. + standing


7 dozen

Updated: Nov. 29, 2023
Of the 35 kinds of candy I make each Christmas, millionaire candy is by far the favorite of family and friends. These treats taste like a million bucks!—Theda Andres, Appleton, Wisconsin
Millionaire Candy Recipe photo by Taste of Home


  • 2 tablespoons plus 1 cup butter, divided
  • 2 cups evaporated milk
  • 1 cup sugar
  • 1 cup packed brown sugar
  • 1 cup light corn syrup
  • 1/8 teaspoon salt
  • 4 cups chopped pecans
  • 1 teaspoon vanilla extract
  • 1 pound milk chocolate candy coating, melted


  1. Grease four baking sheets with 2 tablespoons butter; set aside.
  2. In a large heavy saucepan, combine milk, sugars, corn syrup, salt and remaining 1 cup butter. Bring to a boil, stirring frequently. Cook over medium heat until a candy thermometer reads 238° (soft-ball stage), stirring occasionally.
  3. Remove from the heat. Stir in pecans and vanilla. Drop by tablespoonfuls onto prepared baking sheets. Let stand until set.
  4. Drizzle melted candy coating over clusters; refrigerate for 10 minutes or until set. Store in airtight containers.
Millionaire Candy Tips

Can you use store-bought caramel instead of starting from scratch when making millionaire candy?

If you prefer easy candy recipes, you can skip making the caramel from scratch and use store-bought caramels. Melt them in a saucepan over low heat, stir in the pecans and vanilla, and then proceed with the recipe as written.

How should you melt chocolate when making millionaire candy?

While there are several ways to melt chocolate, one of the easiest ways is in the microwave. Chop the chocolate and put it in a microwave-safe bowl. Microwave at 70% power for 1 minute, then stir. Continue to microwave in 30-second increments, stirring often, until the chocolate is fully melted.

How long with millionaire candy last?

Millionaire candy will last 5 to 7 days in an airtight container at room temperature. Or, wrap them up to give as a gift!

Peggy Woodward, Taste of Home Senior Food Editor
Candy Thermometers
We recommend that you test your candy thermometer before each use by bringing water to a boil; the thermometer should read 212°. Adjust your recipe temperature up or down based on your test.

Nutrition Facts

1 piece: 127 calories, 9g fat (3g saturated fat), 8mg cholesterol, 35mg sodium, 13g carbohydrate (12g sugars, 1g fiber), 1g protein.