- 1 (750 milliliter) bottle tequila*
- 2 cups (16 ounces) triple sec
- 4 (12-ounce) cans frozen limeade concentrate, thawed and undiluted
- 4 quarts water
- 2 (10-ounce) cans frozen margarita mix**, thawed (like Bacardi)
- Optional for serving: lime juice, coarse salt, lime slices