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7 cups whole milk
1 cup half-and-half
1 1/2 cups best quality bourbon
2 cups confectioners' sugar
2 tablespoons vanilla extract
Whisk the ingredients in a large bowl and pour into a glass pitcher.
Chill in the freezer until the punch is slushy, about one hour.
Just before serving, pour punch into glasses (or even julep cups) and dust with freshly-ground nutmeg.
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