You can see the actual size of a sparse file vs. the apparent size.
# ls -l /var/log/lastlog
-rw-rw-r-- 1 root utmp 684182572 Oct 24 16:56 /var/log/lastlog
# du --apparent-size /var/log/lastlog
668148 /var/log/lastlog
# du -h /var/log/lastlog
48K /var/log/lastlog
# ls -ls /var/log/lastlog
48 -rw-rw-r-- 1 root utmp 684182572 Oct 24 16:56 /var/log/lastlog