Place a loaf pan in the freezer at least 30 minutes before you begin.
Place the bowl and whisk in the freezer at least 30 minutes before you begin.
Be sure whipping cream and condensed milk are very cold.
In a large bowl or stand mixer bowl, beat whipping cream until stiff peaks form.
In a medium bowl, stir together the sweetened condensed milk and vanilla extract until smooth.
Gradually add milk mixture to whipping cream by gently folding into whipped cream.
Divide mixture evenly into 4 separate bowls.
Dye each of the bowls pink, purple, blue and yellow with the food coloring.
Remove the loaf pan from the freezer and add dollops of each of the colors of the mixture to fill the pan hallway through. Top with half of the sprinkles. Then add more dollops of the colored mixture and the remaining sprinkles on top.
Cover and freeze for at least 4 hours or overnight until the ice cream is firm.
Then the unicorn ice cream is ready to serve and enjoy!