Line your 8x8 baking pan with parchment (or grease the pan lightly). Set aside.
In a large microwave-safe bowl, melt the butter, about 10-15 seconds.
Add marshmallows to the bowl and coat with the butter. Place the bowl in the microwave and melt in 15-30 second intervals. Stir in between each interval until smooth and completely melted.
If you choose to color the treats with green food coloring, add a drop and stir.
Add in the cereal, white chocolate chips, vanilla and the 1 cup extra marshmallows and stir until completely coated.
Spread the cereal mixture into the pan.
Coat your spatula with cooking spray or lightly wet your hands and gently press the mixture down into the pan without pushing it down too hard.
Add the extra Lucky Charms marshmallows on top and press into the mixture. Be sure to make the top look as even as possible.
Cover with plastic wrap and let the mixture cool completely before cutting into bars, about 1-2 hours.
Once cooled, remove from the pan and place on a cutting board. Cut into 12 bars.
Recipe yields more or less, depending on how large or small bars are cut.
Cover and store at room temperature for up to 3 days or freeze for up to 3 months.