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Combine Ingredients: In a large mixing bowl or blender, combine the cold milk, beaten eggs, sugar, and vanilla extract.
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Mix Until Smooth: Blend or whisk the mixture until smooth and well combined.
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Add Ice Cream: Gently fold in vanilla or eggnog ice cream scoops until incorporated.
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Chill: Store the mixture in the refrigerator until ready to serve.
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Serve: Pour the eggnog punch into punch cups and sprinkle with nutmeg for garnish.
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Enjoy: This recipe makes approximately 12 servings, perfect for holiday gatherings or festive occasions!