Preheat the oven to 350 F. In a large bowl, combine cake mix with eggs and vegetable oil, and mix until smooth.
Fold in the white chocolate chips and dried cherries. Place powdered sugar into a shallow dish. Use a cookie scoop to form the cookie dough into balls, roll each cookie dough into the powdered sugar.
Place the cookies onto a large ungreased baking sheet at least 2-inches apart. Bake for 10-12 minutes.