A superior good-flavor milk powder preparation method comprises: based on a basic rate of 10, weighing main materials of red jasmine rice, sorghum, red peanuts, soybeans, yellow corn, yellow millet, black soybeans, black rice and black buckwheat in a ratio of (6-7):(5-6):(2-3):(5-4):(3-2):(2-3):(3-2):(2-3):(1-2), weighing black sesame and black Chinese scholartree in a ratio of (0.6-0.7):(0.5-0.6), performing soaking with clear water for 20-24 h, performing cooking till the materials are fully cooked and performing drying and stir-frying till the materials are dried, or directly performing drying and stir-frying till the materials are fully cooked, performing pulverization to obtain powder and performing uniform mixing to prepare a mixed main and auxiliary material, weighing sugar and purified water in a ratio of (3-4):(7-6), performing decoction to obtain a sugar liquid, based on a basic rate of 100, weighing the mixed main and auxiliary material and the sugar liquid in a ratio of (8-9):(0.1-0.2), performing uniform stirring to prepare fine-particle dispersed compound milk powder, and packing the compound milk powder in clean bottles, boxes or bags through a special packing machine for sealing to obtain the superior good-flavor milk powder, which is superior and up-scale, is green and natural, is suitable for people of all ages, and can be taken directly, is for instant drink and has a health-care effect.