The invention relates to a lithium-oxygen battery and a preparation method thereof. The lithium-oxygen battery comprises a shell, a positive pole, a negative pole, a separator located between the positive pole and the negative pole, a positive terminal connected with the positive pole and led out of the shell as well as a negative terminal connected with the negative pole and led out of the shell,wherein the positive pole and the negative pole are arranged in the shell; the positive pole comprises a gas diffusion layer allowing oxygen to pass and a lithium peroxide loading layer which is located between the gas diffusion layer and the separator; the lithium-oxygen battery further comprises a gas chamber for storing oxygen, and the gas chamber is formed in the side, opposite to the side where the lithium peroxide loading layer is located, of the gas diffusion layer and communicated with the gas diffusion layer; the negative pole is a collector electrode formed by copper, a copper-zincalloy, nickel, a nickel-zinc alloy or a nickel-copper alloy; the lithium-oxygen battery further comprises an electrolyte filling space between the positive pole and the negative pole and in the separator. The lithium-oxygen battery is high in specific energy, high in charge-discharge cycle performance and low in cost, facilitates large scale production and has broad application prospect in the energy-storage aspects of electric tools, electric vehicles, power grids and the like.