Add the ground beef to a large skillet and cook over medium-high heat until browned.
While the beef is cooking, cube the Velveeta.
Once the beef is cooked, drain any grease, if any, then add in the cubed Velveeta and can of Rotel tomatoes and chilies. Stir together.
Heat over medium heat until fully melted and smooth.
Use a lean beef (sirloin) to avoid greasy meat. You can also use ground turkey, chicken, or a spicy sausage. To increase the heat, add taco seasoning, chili powder, or cayenne to the beef as it cooks. You can use Original, Mild, or Hot Rotel. Store leftovers covered in the fridge for up to 3 days.