A product called Palcohol -- alcohol sold in powdered form -- gained attention this week after reports the U.S. Department of the Treasury's Alcohol and Tobacco Tax and Trade Bureau had approved sales of the product.

Well, not quite.

The federal government apparently back-tracked some, saying there were problems with proposed labeling for the product.

So, people will have to wait just a little bit longer before they're able to purchase Palcohol.

Basically, Palcohol means you could buy a packet of vodka and mix it with water. It's just like if you were making Kool-Aid.

Source: Free Beer & Hot Wings