The invention discloses a steel ball distributing and feeding device which comprises a steel ball stirring bucket, wherein a steel ball stirring mechanism is arranged in the steel ball stirring bucket, first leaking holes for steel balls to pass are annularly and uniformly distributed in the bottom of the steel ball stirring bucket, a rotatable transmitting disk and a steel ball feeding disk are sequentially arranged below the steel ball stirring bucket, second leaking holes and the third leaking holes corresponding to the first leaking holes are formed in the transmitting disk and the steel ball feeding disk, the first leaking holes and the third leaking holes are arranged in a staggered way, and the second leaking holes in the transmitting disk rotate along with the transmitting disk so as to selectively and coaxially align to the first leaking holes and the third leaking holes. The steel ball distributing and feeding device disclosed by the invention is high in efficiency, good in product consistency and high in yield.