Gather all of the ingredients and supplies.
Wash your balloons and blow them up to desired size.
In another small microwave-safe bowl heat the chocolate morsels or wafers in 40 seconds until melted.
Dip the bottom of the balloon into the melted chocolate and you can use a knife to make sure all sides are evenly coated.
After the chocolate, quickly roll the balloon into the rainbow sprinkles.
Place the chocolate balloon in a cool and dry place to set. (You can use the refrigerator for 5 minutes)
Remove the balloon from the cool place. Then stick a pin into the balloon and remove to reveal the chocolate bowl.
Repeat the steps to make 2 more balloon bowls.
The last step is to fill the bowls with ice cream and you may also decorate the ice cream with chocolate.
Enjoy your dessert.