We study the Hilbert functions of fat points in $\popo$. If $Z \subseteq \popo$ is an arbitrary fat point scheme, then it can be shown that for every $i$ and $j$ the values of the Hilbert function $_{Z}(l,j)$ and $H_{Z}(i,l)$ eventually become constant for $l \gg 0$. We show how to determine these eventual values by using only the multiplicities of the points, and the relative positions of the points in $\popo$. This enables us to compute all but a finite number values of $H_{Z}$ without using the coordinates of points. We also characterize the ACM fat point schemes sing our description of the eventual behaviour. In fact, n the case that $Z \subseteq \popo$ is ACM, then the entire Hilbert function and its minimal free resolution depend solely on knowing the eventual values of the Hilbert function.