This is aspect of email sourcing. For one reason or another you might need to find sender’s IP address in Hotmail. Like most of free public eMail providers such as Yahoo, Hotmail allows you to see the sender’s IP address. This can also be done using GMAIL Account
Here is how you find Sender’s IP Address in Hotmail.
Open your inbox and right click on the message for which you want to see the sender’s IP address.
From the menu select View Message Source
It will open a new window with message source details.
In new window hit CTRL + F to search for IP
The sender’s IP is towards the top of message source.
There are basically two steps involved in the process of tracking an email: find the IP address in the email header section and then look up the location of the IP address. It’s worth noting that you usually won’t be able to get the exact location of the actual person who sent the email. For example, if someone in Germany sends you an email using Gmail, the last IP address in the header section will probably be the public IP address assigned to that user from the ISP, which will give you the location of the user ranging from within a mile all the way to the city or region level.
The reason for the wide range is that the IP address that an ISP assigns to a particular user is normally dynamic. This means that the IP address they had when the email was sent may now be assigned to a different user in the region. This is the main reason why you might get a wide geographic area when looking up the location of the IP address.
However, depending on what device people are using to send emails when using Gmail or another online email service, the last IP address might just be the IP address of Google or Yahoo or Hotmail servers, so keep that in mind too.