In a blender, combine 2 cups of vanilla ice cream, 4 ounces of softened cream cheese, and 1/2 cup of whole milk. Blend until smooth and creamy.

Divide the blended shake mixture into two containers. Add red gel food coloring to one and green to the other, mixing until vibrant.

Rim two tall glasses with vanilla frosting to help sprinkles stick.

Pour the red and green shake mixtures into the glasses alternately for a layered effect.

Sprinkle colorful sprinkles on the frosted rims and let some fall into the shake.

Top each shake with a dollop of whipped topping and add a festive straw before serving.