Magic Find is both an account bonus and a character attribute that increases the chance to receive higher-quality loot from slain foes. With a couple exceptions, it does not affect containers (including champion loot bags), chests, or any other source of loot.  The exceptions are:
- Containers received from structured PvP reward tracks.
- Lost Bandit Chests in the Silverwastes when you have Perseverance.
There are two components of Magic Find: an account-wide bonus, which applies to all characters on the account, and a character-specific attribute.
- Primary article: achievement rewards
There are two ways to increase the account bonus for magic find.
- For every 500 achievement points earned on an account, a set of achievement rewards is unlocked that includes an increase to account bonuses. Magic Find receives a 1% increase starting at 500 and every 2,500 thereafter; an additional 1% is awarded starting at 5,000 and every 5,000 thereafter.
- Filling the Luck bar will increase Magic Find by 1%. The amount of Luck needed increases for each subsequent percentage point. Luck is gained by consuming Essences of Luck, which can be obtained by salvaging fine and masterwork equipment and Globs of Ectoplasm or received as rewards for completing daily and monthly achievements.
The Magic Find attribute is calculated based on the account bonus, luck, and temporary buffs.
|Account bonus, described above||0-300%|
|Magic Find Boost|| Magic Find Booster
Communal Boost Bonfire
Enchanted Reward Boost
|50%||1 h|| Obtaining the effect from multiple sources will stack duration.|
Kite Fortune version is randomly obtained and lasts 10 m.
|30% Magic Find Bonus||Laureate Magic Find Booster||30%||1 h|
|Celebration Bonus|| Birthday Booster
|100%|| 24 h
|Also boosts XP and gold from kills, karma, and WXP.|
|Guild upgrades and banners|
|Economy upgrade)+10% Magic Find for 72 hours (||10%||72 h||Affects all characters representing the guild.|
|Guild Item Research||Guild Magic Find Banner||10%||30 m||Gained by interacting with the banner. Is overwritten by Guild Magic Find Banner Boost.|
|Guild Magic Find Banner Boost|| Guild Gold and Magic Find Banner
Guild Heroes Banner
|15%||30 m||Gained by interacting with the banner. Overwrites Guild Item Research.|
|World versus world|
|Guild Fortified Salvage||Art of War upgrade)WvW Fort +10% Magic Find (||10%||12 h||All characters in the vicinity of a WvW objective of your realm claimed by the guild[verification requested]|
|Outnumbered||Automatic||20%||Applied to all characters in a map when their world is greatly underrepresented on that map.|
|Magical Infusion||20%||Must be attached to a utility infusion slot on an ascended amulet equipped by the character.|
|Perseverance||30%||1h||Gain one stack each time you complete an event in the Silverwastes, up to 5 stacks (+150% MF). Removed when you leave the instance. Applies to opening Lost Bandit Chests.|
Only 1 food effect can be active at a time. Where noted, the magic find bonus is only active while under the effect of a boon.
|Caramel Apple||3%||30 m||10||1|
|Candied Apple||3%||45 m||5||1|
|Onion Ring||4%||15 m||0|
|Bowl of Apple Sauce||4%||30 m||0|
|Cinnamon Apple||4%||30 m||0|
|Blueberry Tart||4%||30 m||5|
|Meat Pie||4%||30 m||5|
|Beetletun Omelette||4%||60 m||0|
|Chocolate Banana||7%||30 m||15||1|
|Strawberries and Biscuits||10%||30 m||15|
|Lemon Bar||10%||30 m||20|
|Strawberry Tart||10%||30 m||20|
|Clam Cake||10%||30 m||25|
|Candy Corn Cake||10%||45 m||20|
|Strawberry Ghost||10%||45 m||25||1|
|Birthday Blaster||15%||10 m||0|| +40 to all attributes
|Yam Fritter||18%||30 m||30||+40 condition damage|
|Cherry Tart||18%||30 m||35||+40 power|
|Cherry Almond Bar||18%||30 m||40||+10% gold find|
|Piece of Candy Corn Almond Brittle||18%||45 m||45||+10% gold find|
|Chickpea Fritter||22%||30 m||50||+50 condition damage|
|Orange Coconut Bar||22%||30 m||50||+20% gold find|
|Ginger Pear Tart||22%||30 m||50||+50 power|
|Glazed Pear Tart||22%||45 m||55||+50 power|
|Chocolate Cherry||24%||30 m||30||+6% boon duration||1|
|Eggplant Fritter||26%||30 m||60||+60 condition damage|
|Peach Tart||26%||30 m||70||+60 power|
|Raspberry Peach Bar||26%||30 m||70||+30% gold find|
|Glazed Peach Tart||26%||45 m||75||+60 power|
|Chocolate Orange||28%||30 m||45||+10% boon duration||1|
|Dragonfly Cupcake||30%||20 m||80||+70 power|
|Cup of Lotus Fries||30%||30 m||80||+70 condition damage|
|Omnomberry Bar||30%||30 m||80||+40% gold find|
|Omnomberry Tart||30%||30 m||80||+70 power|
|Spicy Pumpkin Cookie||30%||45 m||80||+70 condition damage|
|Chocolate Raspberry Cream||32%||30 m||65||+14% boon duration||1|
|Chocolate Omnomberry Cream||40%||30 m||80||+20% boon duration||1|
Maximizing magic find
The following persistent bonuses can be combined to maximize a character's personal magic find.
|Magic Find Boost||50%|
|30% Magic Find Bonus||30%|
|+10% Magic Find for 72 hours||10%|
|Guild Magic Find Banner Boost||15%|
|Ascended utility amulet with Magical Infusion||20%|
|Food nourishment: Chocolate Omnomberry Cream||40%||While under the effects of a boon.|
- "Everytime you kill a monster you roll on a number of tables, inside these tables are different rarity categories. Magic find increases the chances you will get higher categories. For example if there is a 1 in 10 category, and you have 200% magic find you will have 3/10 chances to get that category. This improves not just the rarity of the items you get but can also improve your chances at getting trophies and rare crafting materials like lodestones." 
- ^ Isiah Cartwright on Magic Find and Chests, Guild Wars 2 Forum
- ^ Isiah Cartwright on Magic Find and the Mystic Forge, Guild Wars 2 Forum
- ^ Q&A With Isaiah Cartwright, guildwarsinsider.com
- ^ Ryan Diederich says hero panel can't display some conditional bonuses, Guild Wars 2 Forum