How does the bounty system work?
I mistakenly added a bounty to my question on Stack Overflow. Is there any way to remove it? I searched but didn't find any solution/or option to remove bounty.
Flag your question for moderation attention and clearly explain that you set the bounty by mistake and you'd like for it to be removed.
Your question has not yet received any attention from the bounty (it's fairly recent), most likely the moderator responding to your flag will remove it. However, the decision is completely up to the moderator and they might deny your request if they suspect abuse of the bounty system.
In the future please be a bit more careful when using the site's features.