Asked by Britain's Telegraph newspaper if he plans to collect the honor in person at a ceremony in Sweden on Dec. 10, the media-shy, 75-year-old artist replied: "Absolutely. If it's at all possible."
"It's hard to believe," he added of the distinction, calling it "amazing, incredible."
"Whoever dreams about something like that?" he wondered.
The Nobel Foundation released a statement after the interview was published.
"On 13 October, 2016, the Swedish Academy announced that this year's Nobel Prize in Literature is awarded to Bob Dylan 'for having created new poetic expressions within the great American song tradition,'" the organization said. "This week, Bob Dylan called the Swedish Academy. 'The news about the Nobel Prize left me speechless,' he told Sara Danius, permanent secretary of the Swedish Academy. 'I appreciate the honor so much.' It has not yet been decided if Bob Dylan will attend any events during the Nobel Week in Stockholm in December. The Nobel Foundation will share information as soon as it is available."