The invention discloses a giant magnetostriction material doped with trace non-solid-solution large atoms to cause distortion enhancement and a preparation method thereof. The material comprises the components of (Fe<1-y>Ga<y>)<100-x>M<x>, wherein x=0.01-1, y=0.05-0.35, and M is one or more kinds of Ti, Zr, Hf, Sn, Pb, In, Tl, Bi, R (symbiotic rare earth) and U. The developed Fe-Ga-based novel magnetostriction material has large tetragonality, and the largest tetragonality can be 2,250 ppm. The large magnetocrystalline anisotropy performance is caused by large tetragonal distortion, and the largest magnetocrystalline anisotropy performance can be 330 kJm<-3>. Large magnetostriction performance is caused by the large magnetocrystalline anisotropy performance. Furthermore, due to the fact that the trace doped non-solid-solution large atoms have the strong crystalline field function, the magnetocrystalline anisotropy performance can be improved, and therefore the magnetostriction performance is increased. Finally, the novel giant magnetostriction material can achieve the saturation magnetostriction performance of 2,000 ppm, and the material has the giant application prospect in the field of national defense and civil use with the prominent advantages of low cost and high performance.