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What's going on with the not awarded bounty points? Are they lost for good?

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From the help page (relevant excerpts):

  • All bounties are paid for up front and non-refundable under any circumstances

reputation refunds are not available if no answers are received as a result of the bounty

If you do not award your bounty within 7 days [...]. If there's no answer meeting those criteria, the bounty is not awarded to anyone.

The points are simply lost.

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