In order to elucidate the drought resistance and high-yield mechanism of hybrid millet, we studied the influence of drought stress on the photosynthetic characteristics and dry matter accumulation. Our results revealed that drought stress caused lesser reduction in the net photosynthetic rate, maximal quantum yield of PSII photochemistry, excitation energy capture efficiency of PSII reaction centers and in the yield of hybrid millet compared to normal millet. When drought stress occurred in the jointing stage, the percentage decrease of P N , F v /F m , F v '/F m ', and the yield of Zhangzagu3 cultivar compared to control were 27.