Make up the waffle mix according the manufacturer’s instructions. Heat up waffle maker and make desired size waffles. Insert popsicle stick while still warm and let cool completely.
Melt white and dark wafers separately. Divide white into three parts (one of them being significantly larger than the other two. Dip half of the waffles into the dark melted chocolate; the other half into the reserved large portion of white. Mix a little red cocoa butter color into one of the small reserved white chocolate wafers to make pink, and a little red and yellow cocoa butter color in the other to make orange. Drizzle white dipped waffles with orange chocolate and sprinkle with orange sprinkles. Drizzle pink chocolate on dark chocolate dipped waffles and sprinkle with white sprinkles.