Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Segal Robert Samuel
 2. Date of Event Requiring Statement (Month/Day/Year)
01/07/2008		 3. Issuer Name and Ticker or Trading Symbol
BIG LOTS INC [BLI]
(Last)
(First)
(Middle)
300 PHILLIPI ROAD		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Senior Vice President
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

COLUMBUS, OH 43228		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 2,500
D
 
Common Stock 574
I
By 401(k) Plan (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Purchase Option 02/24/2007(2) 02/24/2013 Common Stock 5,625 $ 12.66 D  
Stock Purchase Option 03/13/2008(2) 03/13/2014 Common Stock 7,500 $ 28.73 D  
Phantom Stock   (3)   (4) Common Stock 82 (5) $ (6) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Segal Robert Samuel
300 PHILLIPI ROAD
COLUMBUS, OH 43228		       Senior Vice President  

Signatures

Chadwick P. Reynolds, attorney in fact for Robert Samuel Segal 01/17/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Common stock held under the Big Lots Savings Plan ("401(k)"). This information is based on a 401(k) Plan report dated January 7, 2008.
(2) The date upon which the first of four equal annual installments was or becomes exercisable.
(3) Immediately.
(4) Not applicable.
(5) The reported phantom stock is held under the Big Lots Supplemental Savings Plan. This information is based on a plan report dated January 7, 2008.
(6) One-for-one.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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