In a medium bowl, mix together the powdered sugar and cocoa powder. Set aside.
Melt peanut butter and chocolate together:
Stovetop: in a double boiler over low heat, melt peanut butter and chocolate together and stir until smooth.
Microwave: In the microwave safe bowl, add peanut butter and chocolate and microwave on high for 60 seconds and stir. Then continue in increments of 30 seconds, stirring after each, until mixture is melted and smooth.
Add 3 cups of corn pops to a large bowl. Pour half of the chocolate/peanut butter mixture over the cereal.
Add remaining corn pops to the bowl and then pour the rest of the chocolate/peanut butter mixture on top. Stir until the cereal is evenly coated.
If there are pools of chocolate/peanut butter at the bottom of your bowl, add more corn pops 1/3 cup at a time until there is no extra pooling chocolate mixture.
Transfer to an extra large ziplock bag. Pour cocoa powder mixture over corn pops in ziplock bag, seal, and shake until well coated. Pour out onto a parchment-lined rimmed baking sheet and let cool.
Store in an airtight container at room temperature.
Snowman Poop: Leave the cocoa powder out of the recipe above and this recipe becomes white snowman poop!