The invention provides a rice cooker with a drainage structure. The rice cooker with the drainage structure comprises an annular groove, a liquid storage box, a first arc-shaped rod, a second arc-shaped rod, a baffle and a conductive rod, wherein the annular groove is formed in the annular surface in the annular groove; and the liquid storage box is mounted on the lower end surface of a liquid outlet hole. By the design, a liquid water draining and collecting function is fulfilled, liquid water is prevented from contaminating the rice cooker and a cooking table, the first arc-shaped rod is connected with a semi-ring groove through a pin rod, and the second arc-shaped rod is connected with the first arc-shaped rod through a movable pin. By the design, a function of preventing a cover from jumping is fulfilled, the circumstance that the cover is pushed down by trust generated by water steam to scald people is avoided, the baffle is arranged in a strip-shaped groove, and the conductive rod is mounted on the rear end surface in a socket frame. By the design, a function of preventing the liquid water from flowing to a power supply connection position is fulfilled, and use safety of a user is enhanced. The rice cooker with the drainage structure is convenient to use, convenient to operate, good in stability and high in reliability.