Preheat oven to 350°F. Grease a 9-inch bundt pan very well, making sure to get into every crevice.
In a large bowl, whisk together the vegetable oil, eggs, milk, sour cream, vanilla extract, and almond extract until smooth.
Add the granulated sugar and whisk again until fully combined.
Gently fold in the flour, Jell-O mix, baking powder, and salt. Do not overmix. Stop as soon as no dry streaks remain.
Using a spatula, gently fold in the sprinkles. Be careful here so the colors don’t bleed.
Pour the batter into the prepared bundt pan and smooth the top.
Bake for 45–50 minutes, or until a toothpick inserted comes out clean.
Allow the cake to cool completely in the pan, about 2 hours, before glazing.