In a saucepan, over medium heat, melt butter and then add marshmallows. Allow to melt completely then remove from heat.
Add in blue gel food coloring and mix until marshmallow mixture is completely colored.
Pat the cereal treat mixture evenly into your coated pan.
Top with sprinkles and pat down some more (so that the sprinkles stay in place).
Allow the cereal treats to set.
Using a star cookie cutter, cut out cereal treats into the shape of stars (save the scraps and enjoy them!).
Insert a lollipop stick at the bottom and enjoy.
Notes
Feel free to use cookie cutters in different shapes for various holidays. The amount of treats you will get from this recipe will depend on the size of cookie cutter you used.