Если вы используете таймер форм, тогда код для обновления метки должен быть в событии .Tick.Приведенный ниже код использует статическую переменную в обработчике событий для отслеживания отображаемой строки.
Private Sub Button1_Click(sender As Object, e As EventArgs) Handles Button1.Click
Timer1.Interval = 3000
If Not Timer1.Enabled Then 'already running?
Timer1.Start() 'no
End If
End Sub
Private Sub Timer1_Tick(sender As Object, e As EventArgs) Handles Timer1.Tick
Dim arr() As String = {"Cake", "Mouse", "Heat", "Tent", "Boots", "Pen", "Stairs", "Cube", "Lion", "Cookies", "Ruler", "Ink"}
'Dim arr() As String = {"Cake", "Mouse", "Heat"} 'to test
Static idx As Integer = 0 'which index in arr
If idx < arr.Length Then 'more to show?
'yes
Lbl_Word.Text = arr(idx)
idx += 1
Else
'no
Timer1.Stop()
idx = 0
End If
End Sub
Альтернативный подход без использования таймера.
Private TmrTask As task
Private Sub Button1_Click(sender As Object, e As EventArgs) Handles Button1.Click
If TmrTask Is Nothing OrElse TmrTask.IsCompleted Then
TmrTask = Task.Run(Sub() MyTimerTask())
End If
End Sub
Private Sub MyTimerTask()
Dim arr() As String = {"Cake", "Mouse", "Heat", "Tent", "Boots", "Pen", "Stairs", "Cube", "Lion", "Cookies", "Ruler", "Ink"}
'Dim arr() As String = {"Cake", "Mouse", "Heat"} 'to test
For Each s As String In arr
Me.BeginInvoke(Sub()
Lbl_Word.Text = s
End Sub)
Threading.Thread.Sleep(3000)
Next
End Sub