Homemade Mexican Hot Chocolate is so rich & creamy with just a little spicy kick! Cozy up with a cup of real chocolate with hints of vanilla, cinnamon, cayenne and chile.
In a large sauce pan over low heat, warm whole milk and sweetened condensed milk until condensed milk has melted.
Add in dark chocolate chips and whisk until melted. Whisk in dark cocoa powder, cinnamon, cayenne, and chili powder until dissolved. Whisk in vanilla. Keep heat very low. Stir occasionally until chocolate is hot, then serve with marshmallows or whipped cream.