Chocolate bonbons

1 2-pound bag powdered sugar

1/2 cup butter, softened

1 can sweetened condensed milk

1 large bag coconut

1 jar maraschino cherries for centers. 

  Other options include peanuts, 

  caramels or chocolate chips

1 12-ounce bag chocolate chips

2/3 bar of paraffin wax

Mix powdered sugar, butter, sweetened condensed milk and coconut. Roll into balls, placing a cherry in the center. Refrigerate 1 hour to set. Melt chocolate chips and wax together in double boiler. Dip balls in chocolate to coat; place on wax paper to set. Peanuts, caramels or chocolate chips can also be used in the center of the balls.