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The 750 Sp will be in you steem power. Yes it will be in your wallet, but not under "STEEM." You will be sending the transaction from your balance from STEEM. But what you get from minnoupowerup will be under STEEM POWER. This is how i understand it, but this post sure as hell was confusing so i might very well be mistaken.

It's actually not that complicated at all. The SP will be in our account and delegated to us. We will use this SP to upvote Your posts. Your post rewards will be then given to You as SP (if you are making 100% powered up posts) or shared between SP and SBD. The total amount You receive by the end of 29 days will be ~30% more than You would have received by directly powering up.
Even though, the SP is in our account, it can be counted as Yours because it will be used solely to upvote Your posts

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