diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9f93eda04b2..c08f1eef049 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -507,6 +507,7 @@ Released with 1.0.0-beta.37 code base.
 -  Update the documentation for `methods.myMethod.estimateGas` (#4702)
 -  Fix typos in REVIEW.md and TESTING.md (#4691)
 -  Fix encoding for "0x" string values (#4512)
+-  Fix jsonrpc payload and response types (#4743) (#4761)
 
 
 ### Changed
diff --git a/packages/web3-core-helpers/types/index.d.ts b/packages/web3-core-helpers/types/index.d.ts
index 2a072af3bc1..e3ee7650f0a 100644
--- a/packages/web3-core-helpers/types/index.d.ts
+++ b/packages/web3-core-helpers/types/index.d.ts
@@ -216,15 +216,19 @@ export interface RequestItem {
 export interface JsonRpcPayload {
     jsonrpc: string;
     method: string;
-    params: any[];
+    params?: any[];
     id?: string | number;
 }
 
 export interface JsonRpcResponse {
     jsonrpc: string;
-    id: number;
+    id: string | number;
     result?: any;
-    error?: string;
+    error?: {
+      readonly code?: number;
+      readonly data?: unknown;
+      readonly message: string;
+    };
 }
 
 export interface RevertInstructionError extends Error {