Start by placing the butter into the Instant Pot, then press the saute button.
Pour the orzo into the Instant Pot Bowl, and saute for a couple of minutes. You are just looking for the orzo to slightly brown.
After about 2 minutes, pour the rice into the pot, pour the water, stir in the garlic powder, salt, black pepper, onion powder, paprika, and mix well.
Place your lid on the Instant Pot, making sure that the vent is sealed. And set the manual high pressure for 4 minutes.
Once the rice has been cooked, allow a natural release. Before moving the lid, Remember never to force a lid off any pressure cooker or Instant Pot.
Remove the lid, which should easily come off if the pressure is completely let down. Mix in the dried parsley.
Plate, serve, and enjoy!