Preparation:

Step 1: Heat the Dairy

In a medium saucepan over medium heat, combine the whole milk and heavy cream. Stir occasionally until the mixture is warm but not boiling. This step is crucial as it helps to meld the flavors without scorching the milk.

Step 2: Add the Chocolate

Once the milk and cream are heated, add the semi-sweet chocolate chips, unsweetened cocoa powder, and granulated sugar. Stir continuously until the chocolate is fully melted and the mixture is smooth and creamy. This may take a few minutes, so be patient!

Step 3: Flavor It Up

Remove the saucepan from heat and stir in the vanilla extract and peppermint extract (if using). This is where the hot chocolate really begins to come to life, offering a delightful aroma and flavor profile.

Step 4: Spike It

Slowly pour in your chosen liqueur, stirring to combine. Taste your hot chocolate at this point, adjusting the sweetness or the amount of liqueur according to your preference. The beauty of this drink is in its flexibility, allowing you to customize it to your liking.

Step 5: Serve and Garnish

Pour the spiked hot chocolate into festive mugs. Top each serving generously with whipped cream, then sprinkle chocolate shavings or crushed candy canes on top for an extra touch of holiday magic.