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Put the butter, water, sugar, and salt in a medium saucepan over a medium/high heat. Whisk until the butter melts and the sugar dissolves. Bring to a boil.
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Once boiling remove from heat. Add in the flour and use a wooden spoon to mix until no flour is visible. Return to the flame and mix until smooth.
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Add hot dough to the bowl of an electric stand mixer fitted with the whisk attachment. Add one egg at a time and mix on medium/high until the egg is combined. continue the process with the 2 remaining eggs and egg yolk. Let the dough come to room temperature.
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Add about 2-3 inches deep of oil to a large Dutch oven. Heat over a medium/high flame until a candy thermometer inserted into the center reads 375 degrees F.
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Drop about 4 tablespoon sized dollops of batter into the hot oil. Fry the four zeppole at a time for about 5-6 minutes, flipping back and forth a few times, until deeply golden and puffed.
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Once cooked, transfer the zeppole to a paper towel lined baking sheet. Dust with powdered sugar. Continue to fry until all the batter is used.
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Eat once slightly cooled.