Pop the corn kernels, lightly salt, and remove un-popped kernels. Divide popcorn into 2 large bowls.

Melt the milk chocolate chips with the creamy peanut butter in the microwave for 30 to 45 seconds. Stir until smooth. Divide amongst both bowls of popcorn. Fold the popcorn with a spatula until everything is covered with the chocolate mixture.

Toss ONE of the bowls of chocolate covered popcorn with the powdered sugar in a gallon size zip-top bag.

Pour the popcorn onto a baking sheet lined with wax paper, a silicone baking mat, or parchment paper. Pour the other bowl of popcorn on top of the powdered sugar covered popcorn and mix with your hands to finish coating the popcorn. Divide and package for neighbors, sprinkling with extra milk chocolate, or peanut butter chips for looks.