In large bowl, combine Sweet Chili Sauce and Water.
Pour half of sauce mixture into bottom of Instant Pot.
Add frozen meatballs to large bowl and stir with remaining sauce mixture.
Transfer sauce-coated meatballs to Instant Pot, keeping meatballs away from edges to avoid burning while cooking.
Select “Pressure Cook” make sure cooking time is 12 minutes.
Next, change cooking pressure level to Low.
Preheat will start 10 seconds after settings are selected.
Once meatballs are done, Quick Release pressure before removing lid.
Allow to cool for 5-10 minutes with lid off. Stir, sprinkle with optional Red Pepper Flakes, and ENJOY!
Notes
Larger meatballs may take additional cook time. If using a Crock Pot Pressure Cooker, select the “Beans/Chili” setting to manually override cook time and pressure settings.