Having beaten Lincoln City, Sheffield Wednesday and Watford, the Blues’ next opponents in this competition will be Brendan Rodgers’ side, who are currently third in the Premier League.
The tie is likely to take place on Wednesday, December 18 with a 7.45pm GMT kick-off, in-between Everton’s Premier League fixtures away to Manchester United and at home to Arsenal.
Last time they met, Jamie Vardy scored the only goal as Leicester beat the Toffees at Goodison Park on New Year’s Day, though they will meet each other again before this cup clash when Everton travel to the King Power Stadium in the Premier League on Sunday, December 1.
Everton have never won the Carabao Cup, and have not made it this far in the competition since 2015-16, when they went on to reach the semi-finals before being beaten over two legs by eventual winners Manchester City.
Leicester beat Newcastle United, Luton Town and Burton Albion to make it to the quarter-final stage.
The full draw is as follows:
Oxford United v Manchester City
Manchester United v Colchester United