In a large mixing bowl, combine cream cheese, sour cream, and mayonnaise. Mix until smooth.

Stir in the ranch seasoning mix, garlic powder, onion powder, red pepper flakes, cayenne pepper, paprika, and black pepper.

Fold in shredded cheddar cheese and green onions.

Add hot sauce to taste and mix well.

Transfer the dip to a serving bowl and chill for at least one hour.

Serve cold with crackers, tortilla chips, or veggie sticks.