This is a fully annotated translation of the most complete text of Bulgakov's exuberant comic masterpiece. A literary sensation from its first publication, "The Master and Margarita" has become an astonishing publishing phenomenon in Russia and has been translated into more than twenty languages, and made into plays and films. Mikhail Bulgakov's novel is now considered one of the seminal works of twentieth-century Russian literature. In this imaginative extravaganza the devil, disguised as a magician, descends upon Moscow in the 1930s with his riotous band, which includes a talking cat and an expert assassin. Together they succeed in comically befuddling a population which denies the devil's existence, even as it is confronted with the diabolic results of a magic act gone wrong. This visit to the world capital of atheism has several aims, one of which concerns the fate of the Master, a writer who has written a novel about Pontius Pilate, and is now in a mental hospital. By turns acidly satiric, fantastic and ironically philosophical, this work constantly surprises and entertains, as the action switches back and forth between the Moscow of the 1930s and first century Jerusalem. The commentary and afterword provide new insight into the mysterious subtexts of the novel, and here "The Master and Margarita" is revealed in all its complexity.