Well, so I don't get confused (happens way too easily), let's use
water to lye ratioiand not lye to water. It is usually stated in that order, both in conversations and in the
soap calculators. Being consistent about that helps us avoid potentially tragic errors.
The most typical options for master-batching lye solution are:
1. Make a 50% lye solution, aka 1:1 water:lye ratio, aka equal parts water and lye. This means that you most likely will need or want to add some additional room temp distilled water, or other liquid, when you make the soap. This has the advantage of having non-lye water available for dissolving additives such as citric acid, sodium citrate, sugar, salt, etc. It does require a little extra figuring, unless you use the SoapmakingFriend.com calculator which will calculate the extra water for you (assuming you select all the correct options).
OR
2. Make whatever water:lye ratio you like to use when making soap. For instance, maybe you like soaping with 33% lye solution (aka 2:1 ratio). You can make your masterbatch in that exact ratio. This has the advantage of being ready to go as-is, with no extra figuring. However, you won't have any extra liquid for dissolving additives. The lye molecules are selfish and don't like to share the water molecules with others, so it can be really hard to dissolve additives into your premade lye solution, depending on how much or little water you used, as well as how much and what you are trying to dissolve.
HTH. There are some really good YT videos and other threads here that do a lot better job of explaining that I did here. Just be sure to measure carefully, wear PPE, mix well, keep the solution tightly covered, and store it in a lye-safe container that is easy to handle and pour. A recycled laundry jug with a pour spout (not a spigot) makes a perfect container!