1 cup milk (I used 2%, but half-and-half would be awesome if you’re not worried about calories)
1/3 cup powdered malted milk (like Ovaltine or Carnation)
1 tablespoon Andes peppermint chips
1 generous palmful peppermint marshmallows
1/2 teaspoon peppermint extract
whipped cream, if desired
Combine milk, Ovaltine and peppermint chips in a small saucepan over medium heat, stirring occasionally until peppermint chips are melted. Add in marshmallows and stir constantly until marshmallows are melted.
Remove from heat and stir in peppermint extract. Pour into a mug and top with whipped cream and additional peppermint chips, if desired.