This is a festive treat to indulge in after a day of Christmas shopping!
Pour water into a small saucepan. Sprinkle with the gelatin and allow to soak for a minute or two. Heat over very low heat, stirring constantly, until gelatin is dissolved (about 5 minutes). Stir in sweetened condensed milk. Remove from heat.
Add the vodka, liqueur and schnapps, stirring well to incorporate. Pour into pan and refrigerate until fully set, several hours or overnight.
To serve, cut into 1 inch squares.
Immediately before serving, garnish with crushed peppermint candies, if desired.