In today’s world, vending machines have become an extension of the physical and online stores and are evolving as one of the largest consumption modes. Nowadays, you will be able to see them in malls, offices, stations, parks, etc. These machines are rapidly becoming a great part of one’s shopping experience. This is the reason why a lot of people are looking forward to investing in them and earning money with this very convenient business opportunity. This project aims to design a common vending machine with an additional feature (reverse vending machine) that enables a consumer to recycle the container/wrapper of the item purchased by them for which appropriate incentives are returned. It offers the person to carry out their transaction via cash/card /online payment modes. Unique QR codes/Barcodes are associated with each product to have information about the product and its cost. The reverse vending machine consists of a scanner that scans the code of the product which is inserted into the machine and completes the transaction accordingly. The vending machine is programmed using Verilog HDL and is simulated on ModelSim-Intel FPGA Edition Software. Chip planning, timing, power, and various other design and performance analysis are carried out using Intel Quartus Prime Software Suite.