1 batch homemade caramel
1 liter vodka
This recipe uses homemade caramel. I have heard of other recipes that use caramel sauce or caramel cubes. I prefer the bite of the caramel without any dairy added.
After you remove the caramel from the stove, DON'T add the cream you would add if you were making caramel sauce. And keep in mind that the caramel is going to be VERY hot when it comes off the stove. I pour a liter of vodka into two quart jars and have these set aside ready for the caramel. You can put the vodka in some other heavy container but I wouldn't try to pour the caramel straight into the vodka bottle.
I pour half the caramel into each of my two jars of vodka. The caramel forms a hard lump on the bottom of each jar, but this dissolves fairly quickly.
This vodka is ready to drink as soon as the caramel is dissolved.