1. Prepare Kellogg's® Eggo® Thick & Fluffy Original waffles according to package directions. Cool completely.
2. Using 4-inch donut cutter or round cookie cutters, cut out donut shapes.
3. In small bowl stir together powdered sugar and enough milk to make of drizzling consistency. Stir in cocoa powder or food coloring (if desired). Drizzle over waffles. Garnish with sprinkles or additional white glaze (if desired).