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Oil
2 eggs
2/3 cup milk
1 teaspoon salt
1/4 cup white sugar
2 tablespoons butter
2 1/2 cups all-purpose flour, divided
1 (.25 ounce) package active dry yeast
2 tablespoons butter, melted
5 whole eggs, dyed if desired
Directions:
In a large bowl, combine 1 cup flour, sugar, salt and yeast; stir well. Combine milk and 2 tbsp butter in a small saucepan; heat until milk is warm and butter is softened but not melted.
Gradually add the milk and butter to the flour mixture; stirring constantly. Add two eggs and 1/2 cup flour; beat well. Add the remaining 1 cup flour, 1/2 cup at a time, stirring well after each addition. When the dough has pulled together, turn it out onto a lightly floured surface and knead until smooth and elastic, about 8 minutes.
Lightly oil a large bowl, place the dough in the bowl and turn it over to coat with oil. Cover with a damp cloth and let rise in a warm place until doubled in volume, about 1 hour.
Deflate the dough and turn it out onto a lightly floured surface. Divide the dough into two equal size rounds; cover and let rest for 10 minutes. Roll each round into a long roll about 36 inches long and 1 1/2 inches thick. Using the two long pieces of dough, form a loosely braided ring, leaving spaces for the five colored eggs. Seal the ends of the ring together and use your fingers to slide the eggs between the braids of dough.
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Preheat oven to 350 degrees F (175 degrees C).
Bake in preheated oven for 50 to 55 minutes, or until golden.
I found this awesome recipe at AllRecipes.com