The invention discloses a laminaria japonica polysaccharide, which is prepared by a method in the steps of: adding water into crushed laminaria japonica, adjusting the pH value to 1-4, conducting extraction for 2-5h at a temperature of 100-120DEG C; carrying out filtration so as to obtain an extracting solution, the pH value of which is adjusted to 6.3-7.0 by potassium-containing alkali, concentrating the extracting solution to a concentrated solution with solid content of 35-48%; adding ethanol into the concentrated solution and mixing them well, then leaving the solution to stand at a temperature of 4DEG C for 4-12h, and performing filtration so as to obtain a polysaccharide precipitate; implementing freeze drying, thus obtaining the laminaria japonica polysaccharide. The laminaria japonica polysaccharide, accounting for 0.01-1.0% of cut tobacco by mass, can be prepared into a solution. And the laminaria japonica polysaccharide solution can be added into cut tobacco or a filter tip through sprinkling so as to obviously enhance cigarette smoking quality, and reduce stimulation on a nasal cavity and throat. Accordingly, the laminaria japonica polysaccharide enables fine and smoothsmoke, soft mouthfeel, maintained aroma, and no side effect. The laminaria japonica polysaccharide provided in the invention has the advantages of no fishy smell, high extraction rate, easy acquisition, low cost and good oxidation resistance.