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Warm milk in microwave or on stovetop - just 20-30 seconds to be warm to the touch (cocoa powder will mix in to warm milk much better than cold milk.)
Add milk to slow cooker, turn slow cooker on to high.
Add in sugar, vanilla, chocolate, and cocoa powder, whisking vigorously after each addition to incorporate. Whisk in cream last.
Place lid on slow cooker and set to low, let cook 3-4 hours. Stir occasionally.
When chocolate has melted and hot chocolate has thickened, it is ready to serve!
Top with mini marshmallows, sprinkles, whipped cream, and even chocolate sauce!