Magically delicious Lucky Charms Cereal features frosted oats and coloured marshmallows. Made with whole grains, it's the kids' brand with adult appeal for more than four decades! They're magically delicious! Lucky Charms cereal is great for all ages. Whether served alone, with milk, yogurt, and/or your favourite berries and nuts, this is a delicious cereal that can be enjoyed anywhere and anytime of the day. For a twist on traditional cupcakes, throw them into a batch while you’re baking.