This is too simple and very cute. I made this for my granddaughter who is 8 years old and she loved it. Of course she couldn't get the ponytail holders off fast enough.
one large lollipop
1 - 2 packages of ponytail holders
ribbon
I didn't take pictures of the steps since it is so easy and self explanatory, but here is what it should look like and the link where I found it.
Here