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1. On the stove top or in a large heat proof bowl in the microwave, melt marshmallows with vanilla extract and butter.
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2. Stir until smooth and add dry cake mix. (Sift cake mix before if there are lumps.)
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3. Stir in rice cereal until evenly covered and add about 2 tablespoons of sprinkles.
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4. Butter your cookie cutter and fingers, and fill the cookie cutter with a small amount of rice crispies. Press firmly and gently remove.
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5. Press some of the remaining sprinkles onto the top of the treat.
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6. Try to work quickly so that the treats don't cool in the bowl. Wrap in plastic bags and tie with bows!