2 1/2 cups fresh peaches or 1 large
    can sliced peaches with juice
1 small box peach gelatin
1 (18.25 ounce) box yellow cake mix
1/2 cup (1 stick) butter or margarine
1 1/2 cups water

Preheat oven to 350 degrees F.

Pour peaches into a greased 13 x 9-inch pan. Sprinkle gelatin over peaches. Sprinkle cake mix over gelatin. Dot evenly over cake mix 1 stick butter or margarine. Punch holes in mixture with knife. Pour water on top. Bake for 1 hour or until done.

This is delicious served warm with whipped topping or vanilla ice cream.