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Possible Duplicates:
How does the bounty system work?
Why can't a user have simultaneous bounties any more?

I wanted to offer a bounty on this question of mine, but I can't. Is this because I already have an outstanding bounty on another question?

Update

It has been confirmed that only one bounty at-a-time is allowed. My next question is why?

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marked as duplicate by Cody Gray, ChrisF, Lance Roberts, Jon Seigel, random Aug 3 '11 at 17:17

This question has been asked before and already has an answer. If those answers do not fully address your question, please ask a new question.

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Yes, you can only have one active bounty at a time. –  Cody Gray Aug 3 '11 at 10:37
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According to Jeff, this is a temporary state of affairs. Of course, that was over a year ago. Maybe you could ask him if there are enough data for a policy change now. –  Pops Aug 3 '11 at 14:12

2 Answers 2

From the FAQ:

There can only be 1 active bounty per question and per user at any given time.

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Yes, from the bounty faq, "You can only have one open bounty at any one time."

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