I've just got Electorate badge on Stack Overflow.
But it is not displaying in my badges. Badge count is also not increasing. :'(
Meta Stack Exchange is a question and answer site for meta-discussion of the Stack Exchange family of Q&A websites. It only takes a minute to sign up.Sign up to join this community
This is caused by caching. The new user profile determines if you most likely would be awarded with the badge, and shows it to you.
After a while, the server side process kicks in that does the actually awarding of badges. This makes your badges definitive. Until that time, you can see it in your profile as 'awarded', but it really gets awarded afterwards. Then all the count, etc. gets updated.