Gather the ingredients - * Flour * Sugar * Baking powder * Milk * Vegetable oil * Butter * Egg * Vanilla extract * Rainbow sprinkles * Powdered sugar
In a large bowl, whisk together the flour, sugar, and baking powder.
In a small bowl, whisk together the milk, vegetable oil, butter, egg, and vanilla.
Add the wet ingredients to the dry and mix just until combined - you don't want to overmix.
Next, add the sprinkles and mix to combine.
Divide the batter between the wells of the donut pan, filling each one with about 1/3 cup of batter.
– Bake for 16-18 minutes, or until a toothpick inserted into a donut comes out clean. – Transfer the donuts to a wire rack and allow them to cool completely before frosting.
Whisk together powdered sugar, milk, and vanilla extract until smooth. Dip the donuts in the frosting.
Store in an airtight container in the fridge for up to three days. Bring to room temperature before serving.