The present embodiments describe an insulated drinking vessel with a multifunction lid. In an embodiment, the drinking vessel can be configured to receive a multifunction lid. The multifunction lid may, in one embodiment, include an opening for receiving a drinking straw. In an embodiment, the multifunction lid may additionally include an opening for drinking or sipping directly through the lid. In an embodiment, the lid may include an operable cover for covering at least one of the openings in a first position and for allowing access to the fluid through the opening in a second position. In a further embodiment, the lid may include a plurality of operable covers. A first operable cover may be configured for covering the drinking straw opening in a first position and allowing insertion of a straw in a second position. The lid may also include an operable cover for covering the sipping spout in a first position and allowing drinking directly through the spout in a second position.
