Mix the Base: In a medium mixing bowl, combine 1 cup of mayonnaise and 2 tablespoons of ketchup. Stir until smooth.
Add Flavoring: Add 2 tablespoons of prepared horseradish, 1 teaspoon of paprika, 1 tablespoon of hot sauce, and 1 teaspoon of Worcestershire sauce to the bowl. Mix everything together until well combined.
Season: Add salt and pepper to taste. If you prefer a tangier sauce, add 1 teaspoon of lemon juice. Stir everything until smooth and evenly mixed.
Refrigerate: Cover the bowl and place the sauce in the refrigerator for at least an hour to allow the flavors to meld and the sauce to thicken.
Serve: Once chilled, serve the sauce with your favorite fried foods like Blooming Onion, chicken tenders, shrimp, or French fries.