The invention provides a method for preparing yellow rice wine by adopting mixed raw materials. According to the method, the combination of rice and corn starch is taken as the main material. Specifically, the method comprises the following steps: (1) soaking 100 weight parts of rice, steaming the soaked rice, thus obtaining cooked rice, and collecting 20-50 weight parts of rice milk at the bottom of a rice soaking tank for later use; (2) liquefying 50-100 weight parts of corn starch, and then carrying out saccharifying, thus obtaining saccharified liquid; and (3) feeding the raw materials into a tank, namely, feeding the cooked rice, the saccharified liquid, the rice milk, a yeast starter, a distiller's yeast and clear water into a fermentation tank, and carrying out fermentation, wherein acid proteinase can be added for promoting the hydrolysis of protein in the corn starch and the cooked rice. After liquefying, the saccharifying of the corn starch at the later stage is facilitated, the adding of glucoamylase further promotes the saccharifying of the corn starch, thus monosaccharides with high contents available for the yeast can be obtained, therefore, the brewed yellow rice wine is high in yield, and the liquor yield is high. The recycling of the rice milk at the bottom of the rice soaking tank improves the total acid content of the product and enables the integral flavor of the product to be harmonious and rich. Due to no soaking of the corn starch and the recycling of part of the rice milk, the discharge of the rice milk is reduced, and thus the environment is protected.