*Percent Daily Values are based on a 2,000 calorie diet. Your daily values may be higher or lower depending on your calorie needs.
**Nutrient information is not available for all ingredients. Amount is based on available nutrient data.
(-)Information is not currently available for this nutrient. If you are following a medically restrictive diet, please consult your doctor or registered dietitian before preparing this recipe for personal consumption.
Melt butter, chocolate chips, and peanut butter together in a saucepan over medium-low heat, stirring until smooth, 5 to 10 minutes.
Mix peanuts, cereal, and raisins together in a large bowl. Pour chocolate mixture over peanut-cereal mixture; toss to coat.
Place 2 cups confectioners' sugar in a large covered container; add coated cereal mixture and remaining 2 cups confectioners' sugar. Cover the container and shake until cereal mixture is well coated with confectioners' sugar.