1 cup ketchup
1 cup brown sugar
1 tablespoon Worcestershire sauce
16 ounces sliced bacon
2 (8 ounce) cans water chestnuts, drained
Preheat oven to 350 degrees F.
Cut bacon slices into thirds. Cut some of the bigger water chestnuts in half. Wrap chestnuts in bacon and secure with toothpicks; place in a 9×13 pan.
In a saucepan, combine ketchup, brown sugar and Worcestershire sauce; heat just to boiling. Pour sauce over bacon and water chestnuts.
Bake in preheated oven until bacon is completely cooked, about 45 to 50 minutes.