In a large bowl, sprinkle yeast over water stirring to dissolve.
Add sugar, salt, eggs and milk and blend with a rotary beater.
Add flour and mix until a dough forms. Cover and chill overnight.
Roll out dough on a floured surface to a thickness of 1/8″. Cut into 2 1/2″ squares).
Heat oil to 360ºF and fry the beignets for 2-3 minutes or until lightly browned on both sides. Drain on paper towels.
Heavily cover with confectioner’s sugar and enjoy.