Combine cake mix, pudding mix, eggs, water and oil in a large mixing bowl. Beat at med. speed for 4 minutes.
Pour into greased and floured 10 inch fluted tube pan (bundt). Bake at 350 for 50-55 minutes. Do not underbake. Cool in pan 5 minutes.
Thoroughly prick warm cake completely to the bottom of the cake. Combine frozen drink and 2 cups powdered sugar; blend well. Gradually spoon this glaze mixture over cake until completely absorbed. Cool 15 minutes; remove from pan. Sprinkle with powdered sugar.