If I buy an iPhone 5 at full price from Verizon, can I activate it on a prepaid plan?

Just a simple Verizon question.
If I were to buy a Verizon branded iPhone 5 at full price from Verizon (or a used one off of Ebay for that matter), would I be able to activate it on a Verizon prepaid plan? I know that Verizon offers prepaid plans for smartphones, but I don't see the iPhone as one of the phone options for purchase. I've tried all carriers that offer service in my area, and Verizon is by far the most reliable. I'm just not looking to be on a contract plan right now and I would really like to keep using the iPhone.

Sorry no, you can't use it on a prepaid plan, it's not eligible.