I call this recipe Crack Corn, though Paula Deen has her own name for it. Click here for Paula Deen's caramel corn recipe
The recipe works really well. You need about 8 quarts of popped corn. I pop 3 bags of light butter microwave popcorn, because it is easy. I usually use 2 1/2 bags of it, approximately, which is a little less than 8 quarts, but it works out well. I also usually add some peanuts when I have them on hand. Fair warning: only make this when you have a crowd coming over. It's virtually impossible to stop eating this, so you really don't want to be the only one in the house--this is not exactly health food, folks.