Lignosulfonate is a type of macromolecular surfactant widely used as interfacial additive in various industrial fields and it is produced during chemical pulping process. In this paper, we present a new effective method for measurement of the critical aggregation concentration (CAC) of sodium lignosulfonate (SL) in water solution, with which a value of 0.38 g L(-1) was obtained. Through the determination of CAC and observation by DLS, the state and dynamics of the formation of the SL micelles were disclosed. The results showed that SL was the state of individual molecules when its mass concentration was less than CAC; the individual SL molecules started to aggregate above CAC and thus micelles formed and grew with increasing SL concentration. The SL solution was quickly frozen and the structures of SL molecules or micelles were observed by ESEM, revealing that the spherical micelles were the main form of SL in the solution. Based on the results, the spherical hollow vesicular structure is proposed as a model of the aggregated micelles of SL in the solution.