Trump is already obligated to pay $464 million, if he does not comply his fine increases to more than $111,000 per day. The former president's lawyers had tried to delay the sentence from taking effect, presumably to give them more time to secure funding for bail, but a judge rejected that request Thursday.
The action starts the clock on the amount of time Trump has to file an appeal and post bail for the sum. Failure to do so will allow the New York attorney general's office to begin collection proceedings against Trump and his co-defendants in the civil fraud case.