An overfill prevention device which includes a first tubular member, a cylindrical piston fitted within the first tubular member, a second tubular member having a cylindrical recess open, a plug arranged within the second tubular member, a float rod having a cam plate, a float connected with a lower end of the float rod, a valve body having a lower end engaged with the first tubular member, a pinion pivotally connected to the second tubular member by the pin, a toothed rack meshed with the pinion and engaged with the second tubular member, a control rod having an upper end extending into the valve body and a lower end secured to the toothed rack, a first magnet mounted at the upper end of the control rod, and a gauge mounted on the valve body and provided with a second permanent magnet and a needle operatively connected with the second magnet.