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Glass of creamy condensed milk eggnog topped with whipped cream, grated nutmeg, and a cinnamon stick, set on a wooden table with soft holiday decorations.

Cozy Condensed Milk Eggnog — Eggnog Without Heavy Cream, Holiday-Ready

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  • Author: Jennifer
  • Prep Time: 5 minutes
  • Cook Time: 10 minutes
  • Total Time: 15 minutes
  • Yield: 6 Servings 1x
  • Category: Dessert

Description

A luscious, velvety holiday drink made simple: this condensed-milk version delivers rich, spiced eggnog without heavy cream. It’s quick to pull together, kid-friendly (no booze), and perfect hot or chilled.


Ingredients

Scale
  • 4 egg yolks (Large in US/CAN/AUS/NZ; Medium in UK/Europe)
  • 1 can (14 oz / 400 g or about 1 1/3 cups) sweetened condensed milk
  • 2 cups (450 ml / 16 fl oz) milk — use whole milk for the richest result (or use 3 cups / 700 ml / 24 fl oz for a lighter finish)
  • 1/2 teaspoon pure vanilla extract
  • 1/2 teaspoon ground cinnamon
  • 1/4 teaspoon ground nutmeg
  • 1/4 teaspoon rum extract (optional, for that classic flavor)

Optional Garnishes

  • Whipped cream
  • Extra grated nutmeg
  • Cinnamon sticks


Instructions

  1. Whisk yolks with condensed milk. In a roomy saucepan, vigorously whisk the egg yolks into the sweetened condensed milk until the mixture is smooth and the yolks are fully broken down.
  2. Add milk and seasonings. Pour in the milk, then stir in vanilla, cinnamon, nutmeg, and rum extract if you’re using it. Mix until evenly combined.
  3. Heat gently to thicken. Set the pan over medium-low heat and stir constantly. Cook for about 8–10 minutes, watching carefully. The eggnog is ready when it clings to the back of a spoon and has noticeably thickened. Do not let it boil — rapid bubbling will make the yolks curdle. If you use a thermometer, heat until the mixture reaches 160°F / 71°C to ensure the yolks are safely pasteurized.
  4. Cool and bottle. Remove the pan from the heat. Lay a piece of plastic wrap directly onto the surface to prevent a skin from forming, and let it cool to room temperature. When cooled, transfer the eggnog into a sealed bottle or container and chill in the refrigerator.
  5. Serve warm or cold. Pour into mugs or glasses. Top with a dollop of whipped cream, a sprinkle of nutmeg, and a cinnamon stick if you like. Enjoy!

Notes

  • Quick Tips
    • Stir constantly while cooking to keep the texture silky and to avoid lumps.
    • For a thicker nog, stick with the lower milk amount; for a lighter batch, add the extra cup.
    • To make this dairy-free, swap in sweetened coconut condensed milk and a plant milk of your choice.
  • Storage
    • Keep refrigerated in a sealed container for up to 3 days. To freeze, cool completely, leave an inch of headspace in a freezer-safe container, and freeze up to 2 months. Thaw overnight in the refrigerator and re-whisk before serving.

Nutrition

  • Serving Size: 1
  • Calories: 294
  • Sugar: 40g
  • Sodium: 128mg
  • Fat: 10g
  • Saturated Fat: 6g
  • Unsaturated Fat: 4g
  • Trans Fat: 0g
  • Carbohydrates: 41g
  • Fiber: 0g
  • Protein: 10g
  • Cholesterol: 152mg