Step 1: Lightly spray 9×13 baking pan with cooking spray.
Step 2: Over medium heat, melt milk chocolate chips, peanut butter, and butterscotch chips in small saucepan. Stir together until completely melted and smooth, then pour into the baking pan.
Step 3: Spread the mixture evenly with a spatula, then refrigerate until set.
Step 4: Melt butter over medium-high heat in saucepan. Add sugar and evaporated milk; bring to boil, cook for 5 minutes, stirring constantly. Remove from the heat and quickly mix in marshmallow creme, peanut butter, and vanilla.
Step 5: Add peanuts to mixture and spread evenly over chocolate layer.
Step 6: Refrigerate until set.
Step 7: Melt caramels and heavy cream over low heat until smooth. Pour over peanut mixture and refrigerate until set.
Step 8: REPEAT step one. Melt chocolate chips, butterscotch chips, and peanut butter over low heat until smooth.
Step 9: Pour over caramel layer.
Step 10: Refrigerate for at least one hour before cutting.
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