Step 1

Line 8-inch square pan with foil, with ends of foil extending over sides. Microwave first 4 ingredients in large microwaveable bowl on HIGH 2 min. or until butter is melted; stir until chocolate is completely melted and mixture is well blended.

Step 2

Add dry pudding mix; stir with whisk 2 min. Add powdered sugar, 1 cup at a time, stirring after each addition until well blended; press onto bottom of prepared pan. Top with sprinkles; press into fudge to secure.

Step 3

Refrigerate 2 hours or until firm. Use foil handles to lift fudge from pan before cutting into pieces.