Had one of these for the first time about 2 weeks ago. Love it.

4 cups pomegranate juice
1 cup lime juice
4 tbsp. orange-flavor liqueur
1 cup BANDOLERO TEQUILA GOLD 80 proof tequila

Pour pomegranate juice into ice cube trays. Freeze until solid, about 2 hours. Pop cubes from tray.
In a blender, combine lime juice, liqueur, and tequila. Turn blender to highest speed and gradually drop in juice cubes, whirling until slushy.
Pour margaritas into glasses.