In a large mixing bowl attached to a stand mixer (or in a large mixing bowl if doing by hand), mix together the yeast, 1 Tbsp. sugar, and warm water. Let it sit for about 10 minutes to allow the yeast to bloom, or bubble/grow.
Heat the milk in the microwave for 2 minutes so it is hot.
To the yeast mixture, add the 1/2 cup of sugar, salt, hot milk, melted butter, and the beaten eggs. Mix until incorporated.
Add the flour 1/2 cup at a time and knead for about 5 minutes.
Cover the dough and let it rise for 1 hour.
When the dough is almost done rising, line a large baking sheet with parchment paper and spray the paper with cooking spray.
Spray your hands with cooking spray as the dough will be sticky. While holding a large portion of the dough in the palm of your hand, squeeze the dough between your thumb and 1st finger to form a dough ball.
Place the dough balls on the prepared parchment paper. Cover the dough and let it rise again for 40 minutes.
When the dough has about 15-20 minutes left to rise, start heating the oil in a large pot over medium high heat until it reaches 350 degrees F. The oil should fill about 3-4 inches up the sides of the pot.
In a large Ziploc bag mix together 2 cups of sugar and 1 Tablespoon of cinnamon.
Fry each dough ball for 2-3 minutes per side until they are golden brown. Place the malasada into the Ziploc bag to coat with the cinnamon and sugar mixture. Enjoy warm!
If you desire, you can fill the malasadas with pudding, cream, jam, etc. To do this, puncture the malasada with a skewer stick and insert it until it reaches about halfway through the donut. Remove the skewer and fill a pastry bag with the desired filling. Cut about 2 mm off of the tip of the pastry bag and insert it into the hole. Squeeze gently and consistently until a small amount of the filling comes out of the hole.