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How does the bounty system work?

The title pretty much says it all...

Loading compressed texture ETC1 in Android

I think the bounty period ends today. I don't see any award bounty icon under the votes number in the answer.

Will the bounty be lost?

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marked as duplicate by Lix, blahdiblah, Yannis, Brad Larson Oct 9 '12 at 0:38

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.

Bounties are always lost, you're spending rep for publicity, not answers.

See How does the bounty system work? for a complete description of the ins and outs.

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