Prep a turkey. Dry well. Coat turkey all over with turkey rub. Allow to sit at room temperature for about 45 minutes. Place turkey in fry basket.
Heat peanut oil in a turkey fryer or a very large stockpot to 350°. Carefully lower fry basket into oil, making sure turkey is fully submerged. Fry for 40 minutes or 4 minutes per pound.
Remove turkey from oil; let rest for 10 minutes on paper towels.