Photon-number correlation measurements are performed on bright squeezed vacuum states using a standard Bell-test setup, and quantum correlations are observed for conjugate polarization-frequency modes. We further test the entanglement witnesses for t
hese states and demonstrate the violation of the separability criteria, which infers that all the macroscopic Bell states, containing typically $10^6$ photons per pulse, are polarization entangled. The study also reveals the symmetry of macroscopic Bell states with respect to local polarization transformations.
