Heat the olive oil in a large saucepan over medium heat or in an instant pot on "saute." Add the onion, garlic, and peppers; cook and stir until the onion is transparent.
Add in the ground turkey and cook until turkey is no longer pink, stirring occasionally to break up turkey into smaller pieces. At this point, if using a crock pot, transfer the turkey and veggies to the crockpot and added the rest of the ingredients directly to it.
Season with chili powder, paprika, cumin, oregano, pepper, hot cocoa mix, and salt. Stir in Worcestershire sauce, diced tomatoes with green chilies, tomato sauce, and kidney beans. Add the beer or broth, and stir to mix.
Partially cover the pan, and simmer over medium heat for about 50 minutes, stirring occasionally. If using an instant pot or crockpot, cook on low for several hours or more until ready to serve.
Serve chili with your favorite chili toppings, such as chopped onion and shredded cheese.