Nuno Espirito Santo's team have won the division with two games to spare.
They comfortably beat the Trotters thanks to goals from Barry Douglas, Benik Afobe, Diogo Jota and Conor Coady.
Almost 5,000 travelling Wolves fans celebrated in style in the Lancashire sunshine.
Pictures from the Express & Star's chief photographer Tim Thursfield as Wolves thrashed Bolton
It's the first time Wolves have won the second tier title since 2009 when they went up under Mick McCarthy.
Wolves crowned champions - At a glance
They had secured promotion last weekend, returning to the Premier League for the first time since they were relegated in 2012.