Bring water to a boil in a large pot and add ground beef.
Stir constantly until beef is completely separated and broken up.
Add all remaining ingredients to the pot.
Reduce heat and simmer uncovered for 2 to 3 hours, stirring occasionally, until mixture has thickened.
Remove from heat and allow to cool completely.
Refrigerate overnight.
Remove and discard any accumulated fat from surface.
Reheat before serving.
Serve over cooked spaghetti with desired accompaniments: finely grated cheddar cheese, chopped raw onion, cooked kidney beans, and oyster crackers.