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Preheat oven to 350°F. Grease and flour Bundt pan.
Beat granulated sugar, butter, and eggs in stand mixer at medium speed until well blended. Change speed to low and add milk and vanilla; change back to medium speed and mix well. Add flour, baking powder and salt; beat about 1 minute or until smooth.
Pour into prepared pan.* Bake 30 minutes or until toothpick inserted into center comes out clean. Gently loosen cake from pan with knife and turn out onto wire rack; cool completely.
Put powder sugar, 2 tablespoons milk, lemon juice, and vanilla extract in medium bowl and mix until fully incorporated. If glaze is not runny enough, add more milk. You will want glaze to be thick enough to hold it's "drip" on the cake, but runny enough to pour.
*If making surprise-inside cake see additional directions in blog post.