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The help page for bounties says:

The bounty period lasts 7 days. Bounties must have a minimum duration of at least 1 day.

Does this mean I can manually award a bounty after 24 hours have elapsed?

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Yes. One day after the bounty is started, you may award it to any answer you choose by clicking the blue bounty number (e.g. "+100") next to it. You may not award the bounty until that full day has elapsed. The age of the answer receiving the bounty does not matter.

Further reading: How does the bounty system work?

  • Thanks. I was worried I missed a deadline to start a bounty for the "Philantropist" hat. As an aside this question should get "The Hatter" but I don't have it yet ... I suppose I need an upvote ... – DavidPostill Jan 2 '17 at 22:23
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Yes. There's a short, one day wait, then anytime within 7 days and a 24 hour grace period.

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