The Milky Way Cocktail is a rich, creamy, and utterly indulgent drink that tastes just like the classic candy bar. With smooth chocolate, sweet caramel, and a velvety finish, it’s the perfect dessert in a glass. Whether you’re winding down after dinner or looking for a fun, sweet cocktail for a gathering, this one never disappoints. I’ve made this drink countless times, and every time, it’s a hit—so let’s get mixing!

Milky Way Cocktail
Ingredients
You’ll need:
- 1 oz (30 ml) chocolate liqueur
- 1 oz (30 ml) caramel vodka
- 1 oz (30 ml) Irish cream liqueur
- 2 oz (60 ml) milk (or a dairy-free alternative)
- Ice (enough to fill a shaker)
- Chocolate syrup (for garnish)
Glass recommendation: A martini glass works best, as its wide bowl enhances the aroma and elegance of the drink. If you don’t have one, a coupe glass will also do the trick.
How to Make a Milky Way Cocktail
- Fill a cocktail shaker with ice.
- Pour in the chocolate liqueur, caramel vodka, and Irish cream liqueur.
- Add the milk and shake well for about 15 seconds until the mixture is chilled.
- Strain into a chilled martini glass.
- Drizzle a little chocolate syrup on top for a finishing touch.
Tip: Chill your glass beforehand by placing it in the freezer for a few minutes—this keeps your cocktail colder for longer.
Variations & Substitutions
Want to switch things up? Here are some fun variations:
- Minty Milky Way – Add a splash of peppermint schnapps for a refreshing twist.
- Espresso Milky Way – Mix in a shot of espresso for a bold coffee kick.
- Nutty Milky Way – Swap caramel vodka for hazelnut liqueur to add a toasty, nutty flavor.
- Dairy-Free Option – Use almond milk or oat milk instead of regular milk.
- Non-Alcoholic Version – Replace the liqueurs with chocolate syrup and caramel syrup, then add extra milk. Shake, strain, and enjoy!
Serving Suggestions
Pair your Milky Way Cocktail with treats that complement its rich flavors:
- Chocolate Desserts – Brownies, chocolate mousse, or a slice of chocolate cake.
- Caramel Popcorn – The sweet and salty balance is perfect alongside this drink.
- Cheese Platter – Creamy cheeses like brie or mascarpone help cut through the sweetness.
Storage & Make-Ahead Tips
- This cocktail is best made fresh, but you can pre-mix the liqueurs and store them in the fridge for up to 24 hours. Just add milk and shake with ice before serving.
- If making a batch for a party, mix everything except the ice in a pitcher and store it chilled. Shake individual servings with ice before pouring.
Frequently Asked Questions
What does a Milky Way Cocktail taste like?
It’s like a liquid dessert—smooth, creamy, and packed with chocolate and caramel flavors.
Can I make it without dairy?
Absolutely! Swap out the milk for almond, oat, or coconut milk.
What’s the best glass to serve it in?
A martini glass is ideal, but a coupe glass works too.
Is it very sweet?
Yes, it’s quite sweet, but you can adjust by using less chocolate liqueur or adding more milk to balance it out.
Can I make a big batch for a party?
Yes! Just mix everything except the ice in a pitcher and store in the fridge. Shake individual servings with ice before pouring.
This cocktail has been my go-to for a fun, indulgent treat, and I hope you love it as much as I do! Whether you’re sipping it after dinner or serving it at a party, it’s always a crowd-pleaser. Cheers! 🍸