  The number of points on a hyperelliptic curve over a field of $q$ elements
may be expressed as $q+1+S$ where $S$ is a certain character sum. We study
fluctuations of $S$ as the curve varies over a large family of hyperelliptic
curves of genus $g$. For fixed genus and growing $q$, Katz and Sarnak showed
that $S/\sqrt{q}$ is distributed as the trace of a random $2g\times 2g$ unitary
symplectic matrix. When the finite field is fixed and the genus grows, we find
that the the limiting distribution of $S$ is that of a sum of $q$ independent
trinomial random variables taking the values $\pm 1$ with probabilities
$1/2(1+q^{-1})$ and the value 0 with probability $1/(q+1)$. When both the genus
and the finite field grow, we find that $S/\sqrt{q}$ has a standard Gaussian
distribution.
