The invention discloses a method for processing multi-flavor peanuts. The raw materials include 1kg of peanut kernels, 2kg of starch, 5kg of first-grade white sugar, 20g of salt, 5g of thirteen species, 8g of chili powder, 10g of pepper, 15g of fennel, 10g of five-spice powder, 5g of baking soda powder, 500g of water and 300g of edible oil. The method comprises the following steps: washing: a userimmerses the peanut kernels in the water for rinsing, and the peanut kernels are dried after rinsing; and preparation: the user melts the first-grade white sugar in warm water of 65-75 DEG C. The method employs a process comprising washing, preparing, sugaring, powder wrapping, sugaring, powder wrapping, oil pouring, stirring, frying, seasoning blending, cooling, sterilizing, packaging and finished product acquisition, so that the peanut kernels have various tastes; and the method solves the problem that peanut kernels prepared by a traditional processing do not have multiple tastes, and increases the taste selection of peanuts, thereby improving people's appetite for peanuts, improving the purchasing power on peanuts, and bringing considerable economic benefits to a processing party.