2 (16 oz.) cans cocktail peanuts
14 oz. can sweetened condensed milk
3 tbsp. butter
12 oz. pkg. Reeses peanut butter chips
10 oz. pkg. marshmallows

Pour 1 can of peanuts into a greased 9 x 13 inch pan. Melt chips, butter and marshmallows in double boiler. Add milk and heat through. Pour mixture over nuts. Spread remaining nuts over top and pat down. Chill and cut into squares.