Champagne Punch

1 6-oz. can frozen orange juice concentrate, thawed
1/3 cup frozen lemonade concentrate, thawed
1-2/3 cups sweet white wine, chilled
1 cup cold water
1 750-ml bottle champagne, chilled
1 ice ring, optional
lemon slices, optional
lime slices, optional
orange slices, optional

1. Combine orange juice and lemonade in punch bowl.
2. Add wine and water. Stir.
3. Add champagne, but do not stir.
4. Serve immediately.

Make-Ahead Tip: Chill wine and champagne for 1 day prior to making punch.

Makes 10 (6-ounce) servings. Per serving: 132 calories, 0 g total fat, 0 g saturated fat, 0 mg cholesterol, 3 mg sodium, 15 g carbohydrate, 0 g fiber, 1 g protein

Optional: Float ice ring and fruit slices on top.