Several years ago, we had a New Year’s Eve party, and made a punch.  It went over well.  Last night I made a variation, which was also a big hit.  It’s sweet, but even dudes seem to like it, which is generally difficult with a punch I think.  I highly recommend it:

1 large bottle of cheap, dry white wine

1/2 bottle of peach schnapps

1/2 small bottle of vodka (you can limit this, depending on how boozy you want to make it.)

1/2 bottle of Cran-Peach juice

Frozen fruit (strawberries, raspberries, peaches are good.  Pomegranate is also good.)

Mix!  Let stew a bit so the fruit soaks up the booze.  You can put it in the freezer and make it slushy for maximum awesome.