Pour cereal into a really massive bowl or doubled clear brown paper bag, put aside.
In a big microwave-safe bowl, add sweetened condensed milk, butter, and chips. Microwave in 30 second increments, stirring between, till chips are totally melted. Combine till easy.
Combine within the pudding powder till evenly mixed, then add vanilla and salt.
Pour pudding combination over the cereal and toss till evenly coated, then add powdered sugar and toss once more.
Permit deal with to chill then retailer in an hermetic container. Finest when eaten within the first day or two!