Instant Pot Rice Pudding

This rice pudding recipe is fast and delicious! (I found it on Pinterest:https://sweetandsavorymeals.com/instant-pot-rice-pudding/) 

Ingredients: 1 cup long-grained white rice (rinse it well)

2 cups whole milk

1 1/4 cup water

pinch of salt

1 tsp cinnamon

3/4 tsp nutmeg

1 tsp vanilla

1 can sweetened condensed milk

Add the rice, milk, water, salt, cinnamon, and nutmeg to the instant pot. Stir well. Seal the instant pot and cook on high pressure for 10 minutes. Let it naturally release for 10 minutes. Open the lid and add the vanilla and condensed milk. Stir and top with extra cinnamon if desired. Make sure you cool completely and store in the refrigerator. This is great warm or cold.