Sugared Popcorn Balls

2 quarts Popped Popcorn
2 Tablespoons Butter
2 cups granulated Sugar
1/2 cup Water

Melt butter in saucepan. Add sugar and water. Bring to boiling point, and let boil 16 minutes. Pour over corn and stir until every kernel is well coated with sugar. Shape into balls, then wrap in plastic wrap