I take my rice puddings seriously, and this is seriously the BEST Instant Pot Rice Pudding recipe ever! We ate it for breakfast since it's so fast and easy!
Place the rice, milk, water, raisins, nutmeg and white sugar into your Instant Pot. Mix together, making sure that the sugar dissolves.
Place the lid on your Instant Pot and close. Turn the knob to sealing.
Press the porridge button and cook for 20 minutes.
When done, release the pressure manually by placing a tea towel over top of the knob and releasing safely. YOU must find your own way of safely releasing the steam without burning yourself.
Stir and ladle the rice pudding into bowls and serve.