There is currently no consensus about a general account of hallucination and its object. The problem of hallucination has de facto generated contrasting accounts of perception, led to opposing epistemic and metaphysical positions, and, most significantly, exposed a manifold of diverging views concerning the intentionality of experience, in general, and perceptual intentionality, in particular. In this article, I aim to clarify the controversial status, experiential possibility, and intentional structure of hallucination qua distinctive phenomenon. The analysis will first detect a phenomenological, (...) Husserlian-informed concept of hallucination in its irreducibility to other kinds and modes of sensory experience. This will set the theoretical basis to develop an account of hallucination by means of a morphological description of those diversified structures of intentional consciousness that lend themselves to generate hallucinatory appearances. I will then describe both the turning of certain kinds of intentional experience into hallucinatory perceptions and the status of hallucinatory objects. This will support the possibility of hallucination in a strict and rigorous sense, elucidate the enigmatic claim that ‘in hallucination we are conscious of something while nothing truly appears,’ and offer a seminal perspective concerning the alleged problem that hallucinations pose on perceptual intentionality. With the aid of some crucial distinctions, I will then argue that hallucinations do not affect perceptual intentionality as a dyadic, relational structure. (shrink)