Preheat oven to 350°F. Line baking sheet with parchment paper.

In a large bowl, cream together the butter and sugar until fluffy. Mix in vanilla extract.

Gradually add in the flour and mix until just combined. Fold in 2 tablespoons of sprinkles.

Form dough into 1-inch balls and place on prepared baking sheet. Gently flatten each ball and sprinkle additional sprinkles on top.

Bake for 12-15 minutes or until edges are lightly golden. Let cool on wire racks.