Peanut Butter Punch - serves 4

1-3/4 cups evaporated milk
1-3/4 cups water
2 tsp vanilla extract
3 tbsp peanut butter
Sugar (optional)
Freshly grated nutmeg

Combine all ingredients except the nutmeg in the container of a blender. Blend for about 10 seconds. Garnish with grated nutmeg.