Step 1

Turn your Instant Pot to the saute setting. When the display says HOT add in the ground beef. Break it up, add in 1 Tbsp of the ranch dressing mix and brown for about 5 minutes.

Step 2

Turn off the saute setting. Pour in the broth and scrape the bottom of the pot so that nothing is sticking.

Step 3

Cut your potatoes into cubes. (I left the peels on). Add them into the pot. Sprinkle the remaining 2 Tbsp of ranch dressing mix over the potatoes. Sprinkle the chili powder over the potatoes.

Step 4

Cover the pot and secure the lid. Make sure the valve is set to sealing. Set the manual/pressure cook button to 5 minutes (high pressure).

Step 5

When the time is up perform a quick release by moving the valve to venting. Remove the lid.

Step 6

Toss in the bacon and the cheese and stir.

Step 7

Scoop onto serving dishes and enjoy.