The invention provides a heat dissipating device for drinks. The heat dissipating device comprises a cup containing framework and lifting handle parts, wherein the cup containing framework comprises an upper ring plate, a lower ring plate and middle connecting bars, the lifting handle parts are hinged to the top face of the lower ring plate after sequentially passing through the upper ring plate and the middle connecting bars, the upper ring plate and the lower ring plate are parallel to each other, upper and lower ring openings are formed in the upper ring plate and the lower ring plate, oneor two upper ring openings of the cup containing framework are available, and a heat dissipating facility is arranged under the cup containing framework. For the design, the stability is good, spill and leakage seldom occur, in addition, the folding function is available, and thus the storage and use are convenient.