In this paper we explore the dynamics of the mixed Stark manifold of u
ltrahigh Rydberg states (principal quantum number n = 50-250) of the l
arge molecules interrogated by time-resolved ZEKE (zero-electron kinet
ic energy) spectroscopy. We pursue the formal analogy between the coup
ling, accessibility, and decay of ultrahigh Rydbergs in an external we
ak (F = 0.01-1.0 V/cm) electric field and intramolecular (interstate a
nd intrastate) relaxation in a bound level structure. The effective Ha
miltonian formalism with several doorway and escape states was advance
d to treat the dynamics. The theory accounts for thr dilution effect,
i.e., the dramatic lengthening of the lifetimes of ultrahigh Rydbergs,
relative to that expected on the basis of the n(-3) scaling law for t
he decay widths. Model calculations for the field-induced (I) mixing r
eveal that die Rydberg time-resolved population probability is charact
erized by two distinct (similar to ns and similar to mu s) time scales
. To date, long time-resolved (10 mu s-100 ns time scales) nonexponent
ial decay of ZEKE Rydbergs was experimentally documented, in accord wi
th our analysis. The predicted existence of the short decay times (1-1
0 ns) was not yet subjected to an experimental test. Next, we extend t
he model calculations to treat the mixing of several n manifolds, demo
nstrating that in the strong mixing limit the overall features of the
temporal decay are similar to that of a single n manifold.