Wilkinson caught Balotelli in the face with his elbow during Saturday's 1-1 draw at the Britannia Stadium in an incident that was missed by referee Mark Clattenburg.
After reviewing the video evidence, an independent Football Association disciplinary panel decided the 28-year-old had a case to answer.
And Stoke boss Tony Pulis confirmed the club would not appeal against the punishment, meaning Wilkinson will miss his side's next three Premier League matches against Chelsea, Swansea and Liverpool.
"We've had a look at the video but will have to take it on the chin," Pulis told the Daily Telegraph.
Source: AFP
Source: AFP