Place the Velveeta cheese, evaporated milk, jalapeño juice, granulated sugar, garlic powder, and cayenne pepper in a medium saucepan and heat over medium low heat.
8 oz Velveeta cheese, 1/2 cup evaporated milk, 4 tablespoons pickled jalapeno brine, 1/4 teaspoon cayenne pepper, 1/8 teaspoon granulated sugar, 1/4 teaspoon garlic powder