Preheat oven to 425 degrees F (220 degrees C).

In a medium skillet, brown beef over medium high heat and drain. Stir in water, soup mix and macaroni; let simmer all together for 5 minutes.

Pour mixture into a 9x13 inch baking dish. Top with potatoes and sprinkle with paprika. Bake in the preheated oven for 15 to 20 minutes and serve hot.