The cap of Lactarius olympianus is orange in color and about 5-10 centimeters in diameter. It is depressed, and frequently has concentric zones. The gills are yellowish or cream-colored, and sometimes stain brown. They are adnate to subdecurrent. The stipe is white in color and about 2-5 centimeters long and up to 2 centimeters wide. It bruises yellowish to brownish. The spore print is creamy. When cut, this mushroom produces milky white latex. This mushroom has an acrid taste.