Set the Instant Pot to Sauté. When the display reads Hot, brown the ground beef. When the ground beef is done cooking, drain the grease and scrape the bottom of the Instant Pot liner to make sure there are no burned bits.
Cancel the Sauté. Add the paprika, onion powder, garlic powder, mustard powder, salt, and black pepper to the pot, stirring to coat the ground beef. Cook for about 1 minute.
Add the elbow macaroni, beef broth, butter, submerging the macaroni in broth but do not stir (this could cause a burn error).
Close the Instant Pot lid, set the vent to Sealing, and cook on HIGH pressure for 5 minutes. It will take about 10 minutes to come to pressure before the cook time begins.
When the cooking time is complete, follow by a quick release. Stir in the shredded cheddar cheese until melted, then stir in the heavy whipping cream.
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Notes
Recipe adapted from Buns In My Oven Homemade Hamburger Helper.Ground beef: Drain the ground beef if needed/desired. Lean ground beef and ground turkey will not need to be drained. The butter adds fat back in.To double the meat: Add an extra half cup of water and a little extra seasoning (rounded scoops instead of leveled scoops).Storage: Allow the dish to cool before storing. Store in the fridge in an airtight container for 3 to 4 days. Freeze for up to 4 months.