A multi-lamp driving circuit for driving a plurality of lamps includes at least one power stage circuit, at least one transformer circuit, a balancing circuit, and a control circuit. The power stage circuit converts external electrical signals to alternating current (AC) signals. The transformer circuit is connected to the power stage circuit, to convert the AC signals to high voltage electrical signals capable of driving the lamps. The balancing circuit balances current flowing through the lamps, and includes a capacitor balancing circuit and a transformer balancing circuit. The control circuit is connected between the balancing circuit and the power stage circuit, to control output of the power stage circuit according to variation of the current flowing through the lamps.