make your own: Sweetened Condensed Milk 1 cup Water 2 cups Sugar 1/4 cup Margarine 4 cups Powdered Milk 1 tablespoon Vanilla In a large saucepan, bring water to a boil and remove from heat. Add sugar and margarine, then stir until dissolved. Pour hot mixture into blender. Add milk and vanilla, then blend until smooth. Stores well in refrigerator for up to 2 months. "equal to about 4 cans sweetened condensed milk"