Large Gauge Transformations (LGT) are gauge transformations that do not
vanish at infinity. Instead, they asymptotically approach arbitrary functions
on the conformal sphere at infinity. Recently, it was argued that the LGT
should be treated as an infinite set of global symmetries which are
spontaneously broken by the vacuum. It was established that in QED, the Ward
identities of their induced symmetries are equivalent to the Soft Photon
Theorem. In this paper we study the implications of LGT on the S-matrix between
physical asymptotic states in massive QED. In appose to the naively free
scattering states, physical asymptotic states incorporate the long range
electric field between asymptotic charged particles and were already
constructed in 1970 by Kulish and Faddeev. We find that the LGT charge is
independent of the particles' momenta and may be associated to the vacuum. The
soft theorem's manifestation as a Ward identity turns out to be an outcome of
not working with the physical asymptotic states.Comment: 22 pages, 3 figures, v2: major revisio