UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549

                                   FORM 10-QSB

(Mark One)
              [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

             For the quarterly period ended:      February 28, 2007
                                             ------------------------

             [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE
                                  EXCHANGE ACT

                  For the transition period from _____ to_____

                        Commission file number 000-32247
              -----------------------------------------------------

                               1-900 Jackpot, Inc.
                              ---------------------
                     (Exact name of small business issuer as
                            specified in its charter)

            Nevada                                          98-0219399
--------------------------------------------------------------------------------
    (State or other jurisdiction                           (IRS Employer
of incorporation or organization)                        Identification No.)

                3838 Raymert Drive, Suite 3, Las Vegas, NV 89121
               --------------------------------------------------
                    (Address of principal executive offices)

                                 (604) 575-0050
                            Issuer's telephone number
         ---------------------------------------------------------------

         (Former name,  former  address and former fiscal year, if changed since
last report.)

Indicate by check mark whether the  registrant is a shell company( as defined by
Rule 12b-2 of the Exchange Act.)
Yes             No X
    ---------     ------

                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                   PROCEEDING DURING THE PRECEDING FIVE YEARS

         Check whether the registrant  filed all documents and reports  required
to be  filed  by  Section  12,  13 or  15(d)  of  the  Exchange  Act  after  the
distribution of securities under a plan



<PAGE>



confirmed by a court. Yes     No
                         -----   -----



                      APPLICABLE ONLY TO CORPORATE ISSUERS

         State the number of shares  outstanding of each of the issuer's classes
of common equity, as of the latest practical date:  February 28,2007  14,168,935


         Transitional Small Business Disclosure Format (check one).
Yes      ;  No   X
    ----       -----




































<PAGE>



ITEM 1.  FINANCIAL STATEMENTS

                               1-900 JACKPOT, INC.
                          (A Development Stage Company)
                                 BALANCE SHEETS
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                      February  28,       August 31,
                                                    -------------------------------------
                                                          2007                2006
                                                    -----------------  ------------------
      ASSETS
CURRENT ASSETS
<S>                                                 <C>                <C>
   Cash and Cash Equivalents                        $         755,198  $          861,328
    Available-For-Sale Securities                             276,111             597,294
    Prepaid Expenses                                            4,437               6,177
    Withholding Taxes                                          11,066               5,074
                                                    -----------------  ------------------
      Total Current Assets                                  1,046,812           1,469,873
                                                    -----------------  ------------------

OTHER ASSETS
    Intangible Assets                                          10,000              10,000
                                                    -----------------  ------------------
       Total Other Assets                                      10,000              10,000
                                                    -----------------  ------------------

      Total Assets                                  $       1,056,812  $        1,479,873
                                                    =================  ==================

LIABILITIES AND STOCKHOLDERS EQUITY
CURRENT LIABILITIES
   Accounts Payable                                 $               -  $              584
                                                    -----------------  ------------------
      Total Current Liabilities                                     -                 584
                                                    -----------------  ------------------

STOCKHOLDERS' EQUITY
  Preferred Stock, Par value $.001, Authorized
   1,000,000 shares, Issued 0 Shares
   at February 28, 2007 and August 31, 2006
  Common Stock, Par value $.001, Authorized
    200,000,000 shares, Issued 14,168,935 Shares
    at February 28, 2007 and August 31, 2006                   14,169              14,169
  Paid-In Capital                                           4,648,567           4,646,246
  Cumulative Other Comprehensive Income                      (398,921)            (77,739)
  Retained Deficit                                             (5,912)             (5,912)
  Deficit Accumulated During the Development Stage         (3,201,091)         (3,097,475)
                                                    -----------------  ------------------
     Total Stockholders' Equity                             1,056,812           1,479,289
                                                    -----------------  ------------------

       Total Liabilities and Stockholders' Equity   $       1,056,812  $        1,479,873
                                                    =================  ==================
</TABLE>

                             See accompanying notes


<PAGE>



                               1-900 JACKPOT, INC.
                          (A Development Stage Company)
                            STATEMENTS OF OPERATIONS
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                                                Cumulative
                                                                                                                  since
                                                                                                               September 1,
                                                                                                                   2001
                                        For the three months ended         For the six months ended            Inception of
                                               February 28,                      February 28,                  Development
                                    -----------------------------------  ---------------------------------
                                          2007              2006              2007               2006             Stage
                                    -----------------  ----------------  ----------------  ----------------  ------------------
<S>                                 <C>                <C>               <C>               <C>               <C>
Revenues                            $               -  $              -  $              -  $              -  $                -
                                    -----------------  ----------------  ----------------  ----------------  ------------------

Expenses
  General and Administrative                   85,824           14,000          160,818             164,000            395,948
                                    -----------------  ----------------  ----------------  ----------------  ------------------

Net Income (Loss) from
 Continued Operations                        (85,824)           (14,000)         (160,818)         (164,000)         (395,948)
                                    -----------------  ----------------  ----------------  ----------------  ------------------

Other Income (Expenses)
  Interest Income                              8,156                  -                 -            17,254              34,511
  Dividend Income                             16,402                  -                 -            39,948              73,774
  Gain on sale of Investment                       -                  -                 -                 -               3,221
   Interest Expense                                -                  -                 -                 -                 (4)
                   (4)              -----------------  ----------------  ----------------  ----------------  ------------------
     Total Other Income                       24,558                  -            57,202                 -             111,502
                                    -----------------  ----------------  ----------------  ----------------  ------------------

Discontinued Operations
  Loss on Sale of Subsidiary                        -                 -                -                -            (2,916,645)
                                    -----------------  ----------------  ----------------  ----------------  ------------------

Net Income (Loss)                   $         (61,266) $        (14,000) $      (103,616)  $       (164,000) $       (3,201,091)
                                    =================  ================  ================  ================  ==================

Other Comprehensive Loss
    Unrealized Gain (Loss) on
     Available for sale securities          (119,565)                 -          (321,182)                -            (398,921)
                                    -----------------  ----------------  ----------------  ----------------  ------------------
Total Other Comprehensive Loss              (119,565)                 -          (321,182)                -            (398,921)
                                    -----------------  ----------------  ----------------  ----------------  ------------------

Total Comprehensive Loss            $        (180,831) $        (14,000) $       (424,798) $       (164,000) $       (3,600,012)
                                    =================  ================  ================  ================  ==================

Net Loss Available to Shareholder   $        (60,726)  $        (14,000) $       (103,616) $       (164,000)
                                    =================  ================  ================  ================
  Basic & Diluted Loss per Share                (0.01)            (0.01)            (0.01)            (0.13)
                                    =================  ================  ================  ================

Weighted Average Shares Outstanding         7,019,719         2,084,491         7,019,719         1,254,921
                                    =================  ================  ================  ================
</TABLE>


                             See accompanying notes


<PAGE>



                               1-900 JACKPOT, INC.
                          (A Development Stage Company)
                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                                     Cumulative
                                                                                                       Since
                                                                                                    September 1,
                                                                                                        2001
                                                                  For the Six Months Ended          Inception of
                                                                        February 28,                Development
                                                             -----------------------------------
                                                                   2007               2006             Stage
                                                             -----------------  ---------------- ------------------
CASH FLOWS FROM OPERATING
ACTIVITIES:
<S>                                                          <C>                <C>               <C>
Net Loss                                                     $        (103,616) $       (164,000) $      (3,201,091)
   Increase (Decrease) in Accounts Payable                                (584)                -                  -
   (Increase) Decrease in Prepaid Expenses                               1,740                               (4,437)
   (Increase)Decrease in Withholding Taxes                              (5,991)                             (11,065)
    Common Stock Issued for Services                                         -            14,000                  -
   Gain on Sale of Investments                                               -                 -             (3,221)
   Net Loss from Discontinued Operations                                     -           150,000          2,916,645
                                                             -----------------  ---------------- ------------------
 Net Cash Used in Operating Activities                                (108,451)                -           (303,169)
                                                             -----------------  ---------------- ------------------
CASH FLOWS FROM INVESTING
ACTIVITIES:
   Purchase of Available-for-Sale Securities                                 -                 -           (720,977)
   Sale of Available-for-Sale Securities                                     -                 -             42,915
                                                             -----------------  ---------------- ------------------
 Net Cash Provided by Investing Activities                                   -                 -           (678,062)
                                                             -----------------  ---------------- ------------------
CASH FLOWS FROM FINANCING
ACTIVITIES:
   Purchase of Company Stock                                          (162,477)                -           (162,477)
   Proceeds of Company Stock                                           164,798                 -            164,798
   Proceeds from Loans                                                       -                 -          1,734,108
                                                             -----------------  ---------------- ------------------
 Net Cash Provided by Financing Activities                               2,321                 -          1,736,429
                                                             -----------------  ---------------- ------------------
Net (Decrease) Increase in
  Cash and Cash Equivalents                                           (106,130)                -            755,198
Cash and Cash Equivalents
  at Beginning of Period                                               861,328                 -                  -
                                                             -----------------  ---------------- ------------------
Cash and Cash Equivalents
  at End of Period                                           $         755,198  $              - $          755,198
                                                             =================  ================ ==================

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the year for:
  Interest                                                   $               -  $              - $                4
  Franchise and Income Taxes                                 $               -  $              - $                -
</TABLE>


See accompanying notes



<PAGE>



                               1-900 JACKPOT, INC.
                          (A Development Stage Company)
                      STATEMENTS OF CASH FLOWS (Continued)
                                   (Unaudited)

SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:


<TABLE>
<CAPTION>
                                                                                     Cumulative
                                                                                        Since
                                                                                     September 1,
                                                                                         2001
                                                   For the Six Months Ended          Inception of
                                                         February 28,                Development
                                              -----------------------------------
                                                    2007               2006             Stage
                                                                       ----
                                              -----------------  ---------------- ------------------
<S>                                           <C>                                <C>       <C>
  Stock Issued for Payment on Loan            $               -  $              - $        1,734,108
  Issued Common Stock for Intangible Asset    $               -  $              - $           10,000
</TABLE>


























                             See accompanying notes


<PAGE>



                               1-900 JACKPOT, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

         This  summary  of  accounting  policies  for  1-900  Jackpot,  Inc.  (a
development stage company) is presented to assist in understanding the Company's
financial  statements.  The accounting  policies  conform to generally  accepted
accounting  principles and have been consistently  applied in the preparation of
the financial statements.

Going Concern

         The accompanying  financial  statements have been prepared on the basis
of accounting principles applicable to a "going concern",  which assume that the
Company  will  continue in  operation  for at least one year and will be able to
realize  its assets  and  discharge  its  liabilities  in the  normal  course of
operations.

         Several conditions and events cast doubt about the Company's ability to
continue  as a  "going  concern".  The  Company  had a  wholly  owned  operating
subsidiary that has now been abandoned because of recurring losses.  The Company
has no source of revenue,  has suffered recurring losses from operations,  has a
deficit  accumulated  during  the  development  stage  and  requires  additional
financing in order to finance its business  activities on an ongoing basis.  The
Company is actively pursuing alternative  financing and has had discussions with
various third parties,  although no firm commitments have been obtained.  In the
interim,  shareholders  of the  Company  have  committed  to meeting its minimal
operating expenses.

         The  Company's  future  capital  requirements  will  depend on numerous
factors including, but not limited to, the Company receiving continued financial
support, completing public equity financing, or generating profitable operations
in the future.

         These  financial  statements do not reflect  adjustments  that would be
necessary  if the Company  were unable to continue as a "going  concern".  While
management believes that the actions already taken or planned, will mitigate the
adverse conditions and events which raise doubt about the validity of the "going
concern" assumption used in preparing these financial  statements,  there can be
no assurance that these actions will be successful.

         If the  Company  were unable to  continue  as a "going  concern",  then
substantial adjustments would be necessary to the carrying values of assets, the
reported  amounts of its  liabilities,  the reported  expenses,  and the balance
sheet classifications used.






<PAGE>



                               1-900 JACKPOT, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

Interim Reporting

         The unaudited financial  statements as of February 28, 2007 and for the
six  month  period  then  ended  reflect,  in the  opinion  of  management,  all
adjustments  (which  include  only normal  recurring  adjustments)  necessary to
fairly state the financial  position and results of operations for the three and
nine  months.   Operating  results  for  interim  periods  are  not  necessarily
indicative of the results which can be expected for full years.

Organization and Basis of Presentation

         The Company was  incorporated  under the laws of the State of Nevada on
August 20, 1999. On August 20, 1999,  the  shareholders  of the Company  entered
into an agreement to transfer  all of their shares in Pultronex  Corporation  of
Alberta to Pultronex  Corporation  of Nevada in exchange for shares of Pultronex
Corporation of Nevada.  As a result of that exchange,  Pultronex  Corporation of
Alberta became a wholly owned subsidiary of Pultronex Corporation of Nevada. For
financial statement purposes,  the Company is considered to be a continuation of
Pultronex  Corporation of Alberta.  Therefore,  the financial  statement for the
period  ended  August 31, 1999  include the results of  operations  of Pultronex
Corporation of Alberta from the beginning of the period. Comparative figures for
the period ended December 31, 1998 are those of Pultronex Corporation of Alberta
from April 2, 1998, the date it commenced operations. Subsequently, on September
1, 2001,  the Company  disposed of Pultronex  Corporation of Alberta and entered
the development stage.

         On July  12,  2005,  Pultronex  Corporation  changed  its name to 1-900
Jackpot, Inc.

Nature of Business

         The Company has no products or services as of February  28,  2007.  The
Company was organized as a vehicle to seek merger or acquisition candidates. The
Company intends to acquire interests in various business opportunities, which in
the opinion of management will provide a profit to the Company.

           The Company has acquired certain  Intellectual Lottery Product assets
in exchange for stock.  The Company intends to license these products to various
government-run  lotteries and private and public  companies that are seeking new
products for their operations.





<PAGE>



                               1-900 JACKPOT, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

Cash and Cash Equivalents

         For purposes of the statement of cash flows, the Company  considers all
highly liquid debt  instruments  purchased with a maturity of 90 days or less to
be cash  equivalents  to the extent the funds are not being held for  investment
purposes.

Loss per Share

         Basic  earnings  (loss) per share has been  computed  by  dividing  the
income (loss) for the year applicable to the common stockholders by the weighted
average  number of common  shares  outstanding  during the years.  There were no
common stock equivalents outstanding as of February 28, 2007 and 2006.

Pervasiveness of Estimates

         The  preparation of financial  statements in conformity  with generally
accepted  accounting  principles  required  management  to  make  estimates  and
assumptions  that  affect the  reported  amounts of assets and  liabilities  and
disclosure of  contingent  assets and  liabilities  at the date of the financial
statements  and the  reported  amounts  of  revenues  and  expenses  during  the
reporting period. Actual results could differ from those estimates.

Concentration of Credit Risk

         The  Company has no  significant  off-balance-sheet  concentrations  of
credit  risk such as foreign  exchange  contracts,  options  contracts  or other
foreign  hedging  arrangements.  The Company  maintains the majority of its cash
balances with one financial  institution,  in the form of marketable securities.
At times, such investments may be in excess of any insurance limit.

Foreign Currency Translation

         The Company's  functional currency is the U.S. dollar and the reporting
currency is the U.S.  dollar.  Monetary  assets and  liabilities  resulting from
transactions  with foreign  suppliers and  customers are  translated at year end
exchange rates while income and expense accounts are translated at average rates
in effect  during the year.  Gains and losses on  translations  are  included in
income.





<PAGE>



                               1-900 JACKPOT, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

Income Taxes

         The  Company  has a net  operating  loss for income  taxes.  Due to the
regulatory limitation in utilizing the loss, it is uncertain whether the Company
will be able to realize a benefit from theses losses.  Therefore, a deferred tax
asset has not been recorded.  There are no significant tax differences requiring
deferral.

Reclassifications

         Certain   reclassification   have  been  made  in  the  2006  financial
statements to conform with the 2007 presentation.

Intangible Assets

         The Company has adopted the Financial  Accounting  Standards Board SFAS
No. 142, "Goodwill and Other Intangible  Assets" SFAS 142 requires,  among other
things,  that companies no longer amortize  goodwill,  but instead test goodwill
for  impairment  at least  annually.  In addition,  SFAS 142  requires  that the
Company identify reporting units for the purposes of assessing  potential future
impairments of goodwill,  reassess the useful lives of other existing recognized
intangible   assets,  and  cease  amortization  of  intangible  assets  with  an
indefinite  useful life.  An  intangible  asset with an  indefinite  useful life
should be tested for impairment in accordance with the guidance of SFAS 142.


                                February 28,
 Intangible Asset          2007           2006            Amortization Period
------------------  ---------------  -------------   ------------------------
Lottery Assets      $        10,000  $           -          Indefinite

                    ---------------  -------------
Total               $        10,000  $           -
                    ===============  =============


Recent Accounting Standards

Management  does not  believe  that the  adoption  of this  policy will have any
effect on its financial  statements.In  February  2006, The FASB issued SFAS No.
155 "Accounting for Certain Hybrid Financial  Instruments - an amendment of FASB
Statements  No. 133 and 140." This  statement  amends FASB 133,  Accounting  for
Derivative  Instruments  and  Hedging  Activities  and  Statement  and No.  140,
Accounting for Transfers and Servicing of Financial  Assets and  Extinguishments
of Liabilities.


<PAGE>




                               1-900 JACKPOT, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

Recent Accounting Standards(Continued)

The  statement  permits  fair  value  remeasurement  for  any  hybrid  financial
instrument that contains an embedded  derivative  that would  otherwise  require
bifurcation,  clarifies which interest only strips and principal are not subject
to the  requirements  of Statement  133,  establishes a requirement  to evaluate
interest in  securitized  financial  assets,  clarifies that  concentrations  of
credit risk in the form of subordination are not embedded derivatives and amends
statement  140 to eliminate  the  prohibition  on a  qualifying  special-purpose
entity from holding a derivative  financial  instrument to a beneficial interest
other than another derivative financial  instrument.  The statement is effective
for fiscal years beginning after September 15, 2006.  Management does not expect
this statement to have any material effect on its financial statements.

In March  2006 the FASB  issued  SFAS No.  156 "  Accounting  for  Servicing  of
Financial  Instruments - an amendment of FASB No.140,  Accounting  for Transfers
and Servicing of Financial  Instruments and Extinguishments of Liabilities.  The
statement  requires  an entity  to  recognize  a  servicing  asset or  servicing
liability  each time it undertakes an obligation to service an asset by entering
into a servicing contract,  requires all separately  recognized servicing assets
and servicing liabilities to be initially measured at fair market value, permits
an  entity  to choose  either  the  amortization  method  or fair  market  value
measurement  method  for  subsequent  measurement  periods  for  each  class  of
separately  recognized  servicing  assets and servicing  liabilities,  permits a
one-time  reclassification  of the  available-for-sale  securitites  to  trading
securities by entities with recognized servicing rights at its initial adoption,
and requires separate presentation of servicing assets and servicing liabilities
subsequently measured at fair value. The statement is effective for fiscal years
beginning after September 15, 2006. Management does not expect this statement to
have any material effect on its financial statements

In June,  2006 the FASB issued FIN 48,  "Accounting  for  Uncertainty  in Income
Taxes--an  interpretation  of  FASB  Statement  No.  109".  This  Interpretation
clarifies,  among other things,  the accounting for  uncertainty in income taxes
recognized in an  enterprise's  financial  statements  in  accordance  with FASB
Statement No. 109, Accounting for Income Taxes. This Interpretation prescribes a
recognition  threshold and  measurement  attribute  for the financial  statement
recognition and measurement of a tax position taken or expected to be taken in a
tax  return.  This  Interpretation  also  provides  guidance  on  derecognition,
classification,   interest  and  penalties,   accounting  in  interim   periods,
disclosure,  and  transition  is  effective  for fiscal  years  beginning  after
December 15, 2006.  Earlier  application is encouraged if the enterprise has not
yet issued financial statements,  including interim financial statements, in the
period the  Interpretation  is adopted.  FIN 48,  Accounting for  Uncertainty in
Income  Taxes--an  interpretation  of FASB  Statement  No. 109, is effective for
fiscal years beginning


<PAGE>



                               1-900 JACKPOT, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

Recent Accounting Standards (Continued)

after December 15, 2006. Earlier application is encouraged if the enterprise has
not yet issued financial statements,  including interim financial statements, in
the period the Interpretation is adopted. Management is evaluating the financial
impact of this pronouncement.

In  September  2006,  the FASB issued SFAS No. 157,  "Accounting  for Fair Value
Measurements."  SFAS No. 157 defines fair value, and establishes a framework for
measuring  fair value in generally  accepted  accounting  principles and expands
disclosure  about fair value  measurements.  SFAS No. 157 is  effective  for the
Company for financial  statements  issued  subsequent to November 15, 2007.  The
Company  does not expect the new  standard  to have any  material  impact on the
financial position and results of operations.

In September  2006, the staff of the Securities and Exchange  Commission  issued
Staff  Accounting  Bulletin  No. 108 ("SAB  108")  which  provides  interpretive
guidance  on how  the  effects  of the  carryover  or  reversal  of  prior  year
misstatements  should be considered in quantifying a current year  misstatement.
SAB 108 becomes effective in fiscal 2007. Management is evaluating the financial
impact of this pronouncement.

In December  2006, the FASB approved FASB Staff Position (FSP) No. EITF 00-19-2,
"Accounting for Registration Payment  Arrangements" ("FSP EITF 00-19-2"),  which
specifies  that the contingent  obligation to make future  payments or otherwise
transfer consideration under a registration payment arrangement,  whether issued
as a separate agreement or included as a provision of a financial  instrument or
other agreement, should be separately recognized and measured in accordance with
SFAS No. 5,  "Accounting  for  Contingencies".  FSP EITF 00-19-2  also  requires
additional   disclosure   regarding  the  nature  of  any  registration  payment
arrangements,  alternative  settlement methods,  the maximum potential amount of
consideration  and the current  carrying  amount of the  liability,  if any. The
guidance in FSP EITF 00-19-2  amends FASB  Statements No. 133,  "Accounting  for
Derivative  Instruments and Hedging  Activities",  and No. 150,  "Accounting for
Certain  Financial  Instruments  with  Characteristics  of both  Liabilities and
Equity", and FASB Interpretation No. 45, "Guarantor's  Accounting and Disclosure
requirement for  Guarantees,  Including  Indirect  Guarantees of Indebtedness of
Others", to include scope exceptions for registration payment arrangements.


FSP EITF 00-19-2 is effective  immediately for registration payment arrangements
and the financial  instruments  subject to those  arrangements  that are entered
into or modified  subsequent  to the issuance date of this FSP, or for financial
statements  issued for fiscal years  beginning  after  December  15,  2006,  and
interim periods within those fiscal years, for registration payment arrangements
entered  into  prior to the  issuance  date of this FSP.  The  adoption  of this
pronouncement  is not  expected  to have an  impact on the  Company's  financial
position, results of operations or cash flows.


<PAGE>



                               1-900 JACKPOT, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)

Recent Accounting Standards (Continued)

In October 2005, the FASB issued FSP FAS 123(R)-2,  "Practical  Accommodation to
the  Application  of Grant Date as Defied in FASB Statement No.  123(R)",  which
provides  clarification of the concept of mutual understanding  between employer
and employee with respect to the grant date of a share-based payment award. This
FSP provides that a mutual  understanding  of the key terms and conditions of an
award shall be presumed to exist on the date the award is approved by management
if the  recipient  does not have the  ability  to  negotiate  the key  terms and
conditions of the award and those key terms and conditions  will be communicated
to the individual recipient within a relatively short time period after the date
of approval.  This  guidance was  applicable  upon the initial  adoption of SFAS
123(R).  The  adoption  of this  pronouncement  did not  have an  impact  on the
Company's financial position, results of operations, or cash flows.

In February  2007,  the FASB issued  SFAS no,  159,  "The Fair Value  Option for
Financial  Assets and Financial  Liabilities"  ("SFAS  159").  SFAS 159 provides
companies with an option to report selected financials assets and liabilities at
fair value. The objective of SFAS 159 is to reduce both complexity in accounting
for financial  instruments  and the  volatility in earnings  caused by measuring
related  assets  and  liabilities  differently.  Generally  accepted  accounting
principles have required different  measurement  attributes for different assets
and liabilities that can create artificial volatility in earnings.

The FASB has  indicated it believes that SFAS 159 helps to mitigate this type of
accounting-induced volatility by enabling companies to report related assets and
liabilities  at fair value,  which would likely reduce the need for companies to
comply  with  detailed  rules for hedge  accounting.  SFAS 159 also  establishes
presentation  and  disclosure  requirements  designed to facilitate  comparisons
between companies that choose different measurement attributes for similar types
of assets and liabilities.

SFAS 159 does not eliminate disclosure requirements included in other accounting
standards,  including requirements for disclosures about fair value measurements
included in SFAS 157 and SFA No. 107, "Disclosures about Fair Value of Financial
Instruments."  SFAS 159 is  effective  for the  Company as of the  beginning  of
fiscal year 2009. The adoption of this  pronouncement is not expected to have an
impact on the Company's financial position, results of operations or cash flows.

Fair Value of Financial Instruments

         The carrying value of the Company's financial instruments, include cash
at February  28, 2007  approximates  their fair values.  The carrying  values of
marketable securities available for sale are based on quoted market prices.




<PAGE>



                               1-900 JACKPOT, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE 2 - INCOME TAXES

         As  of  August  31,  2006,   the  Company  had  a  net  operating  loss
carryforward for income tax reporting purposes of approximately  $3,097,475 that
may be offset against future taxable income through 2026. Current tax laws limit
the amount of loss  available to be offset  against future taxable income when a
substantial  change in  ownership  occurs.  Therefore,  the amount  available to
offset future taxable income may be limited. No tax benefit has been reported in
the financial statements, because the Company believes there is a 50% or greater
chance the  carryforwards  will expire  unused.  Accordingly,  the potential tax
benefits of the loss  carryforwards  are offset by a valuation  allowance of the
same amount.

The Company has the following tax assets:

                                  2006                2005
                           ------------------  ------------------
Net Operating Losses       $        1,053,142  $          991,815
Valuation Allowance                (1,053,142)           (991,815)
                           ------------------  ------------------
                           $                -  $                -
                           ==================  ==================

         The provision for income taxes differs from the amount  computed  using
the federal US statutory income tax rate as follows:


                                                   2006            2005
                                            ------------------  --------------
Provision (Benefit) at US Statutory Rate    $          (61,327) $         (156)
Increase (Decrease) in Valuation Allowance              61,327             156
                                            ------------------  --------------
                                            $                -  $            -
                                            ==================  ==============

         The Company  evaluates its valuation  allowance  requirements  based on
projected future operations.  When  circumstances  change and causes a change in
management's  judgement  about the  recoverability  of deferred tax assets,  the
impact of the change on the valuation is reflected in current income.

NOTE 3 - DEVELOPMENT STAGE COMPANY

         The Company has not begun principal  operations and as is common with a
development  stage  company,  the Company has had  recurring  losses  during its
development stage.

NOTE 4 - COMMITMENTS

         As of February  28,  2007,  all  activities  of the  Company  have been
conducted by  corporate  officers  from either their homes or business  offices.
Currently,  there are no  outstanding  debts owed by the  company for the use of
these facilities and there are no commitments for future use of the facilities.




<PAGE>



                               1-900 JACKPOT, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE 5- COMMON STOCK TRANSACTIONS

         On November 16, 2005,  the company  issued  2,027,027  shares of common
stock to Fletcher & Associates for payment on a loan of $150,000.

         On  February  10,  2006 the Board of  Directors  authorized  a 1-for-74
reverse split of all of the issued and outstanding  shares of common stock.  The
stock split decreased the number of outstanding  common shares from  154,248,115
to 2,084,491 as of February 28, 2006.  All  references to the  company's  common
stock in the financial statements have been restated to reflect the stock split.

         On March 21, 2006 the Company  acquired  certain  Intellectual  Lottery
Product assets for $10,000 from Umbrella  Assets  Management Inc, in exchange of
the issuance of 10,000,000 shares of common stock..

         On March  27,  2006 the  Company  issued  2,084,444  common  shares  to
Umbrella Management Inc. as payment of a loan of $1,584,108.

         During the February 28, 2007 period as an assistance to a  stockholder,
the  Company  purchased  4,939 of its Common  Shares  for a gross  total cost of
$162,477.  During the current period, the Company sold these 4,939 Common Shares
for a net  total of  $164,798.  The gain of  $2,321 is  credited  to  Additional
Paid-in Capital.

NOTE 6- INVESTMENTS

Available-for-Sale Securities

         The  Company's  securities  investment  that are bought are held for an
indefinite period of time and are classified as  available-for-sale  securities.
Available  securities are recorded at fair value on the balance sheet in current
assets,  with the change in fair value during the period  excluded from earnings
and recorded net of tax as a component of other comprehensive income.
         Investments in securities are summarized as follows:



                                               February 28, 2007
                               -------------------------------------------------
                                   Gross              Gross
                                 Unrealized        Unrealized
                                    Gain              Loss          Fair Value
                               ----------------  ----------------- -------------
Available-for-sale securities  $              -  $         321,182 $     276,111
                               ================  ================= =============






<PAGE>



                               1-900 JACKPOT, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)

NOTE 6- INVESTMENTS (Continued)

                                             August 30, 2006
                               -------------------------------------------------
                                   Gross            Gross
                                 Unrealized      Unrealized
                                    Gain            Loss           Fair Value
                               ------------  ------------------- ---------------
Available-for-sale securities  $          -  $            83,989 $       597,294
                               ============  =================== ===============

Realized   Gains  and  losses   are   determined   on  the  basis  of   specific
identification.  During the six months ended  February 28, 2007 and 2006,  sales
proceeds  and gross  realized  gains  and  losses on  securities  classified  as
available-for-sale securities were:


                                        For the Three Months Ended
                                               February 28,
                                         2007                2006
                                  ------------------  ------------------

Sale Proceeds                     $                -  $                -
                                  ==================  ==================

Gross Realized Losses             $                -  $                -
                                  ==================  ==================

Gross Realized Gains              $                -  $                -
                                  ==================  ==================

NOTE 7- RELATED PARTY TRANSACTIONS

         During the year,  the Company  engaged a Company to manage its Internet
and Web Site services.  This Company employs Mr. Justin Fisher who is the son of
1-900 Jackpot,  Inc.'s CEO. The total of the services purchased during the three
months ended February 28, 2007 and 2006 was $0 and $0, respectively.

















<PAGE>



ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

         This  Quarterly  Report  contains  certain  forward-looking  statements
within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section  21E of the  Securities  Exchange  Act of 1934,  as  amended,  which are
intended  to be covered  by the safe  harbors  created  thereby.  Investors  are
cautioned that all  forward-looking  statements  involve risks and  uncertainty,
including  without  limitation,  the  ability  of the  Company to  continue  its
expansion  strategy,  changes in costs of raw  materials,  labor,  and  employee
benefits,  as  well as  general  market  conditions,  competition  and  pricing.
Although   the   Company   believes   that  the   assumptions   underlying   the
forward-looking   statements  contained  herein  are  reasonable,   any  of  the
assumptions could be inaccurate,  and therefore,  there can be no assurance that
the  forward-looking  statements included in this Quarterly Report will prove to
be  accurate.  In  light  of  the  significant  uncertainties  inherent  in  the
forward-looking  statements  included herein,  the inclusion of such information
should not be regarded as a presentation by the Company or any other person that
the objectives and plans of the Company will be achieved.

Background and Overview

         On February 12, 2002, the Company entered into an agreement to sell the
business of its Canadian  operating  subsidiary to an unrelated third party. The
sale  agreement  included   substantially  all  assets  and  operations  of  the
consolidated  entity with the  exception of cash,  accounts  receivable  and raw
materials  inventory.  Gross proceeds from the sale were approximately  $420,000
(CAN$650,000).  As the sale included  substantially all assets and operations of
the  business  as  described  in note 3, the  Company  effectively  discontinued
operations  on  February  12,  2002.  Net  proceeds  from  the sale and from the
realization of the remaining assets of the subsidiary will be distributed to the
primary  lender per the terms of the sale  agreement  and the  general  security
agreement  described  in note 9.  Management  is  uncertain  whether  sufficient
proceeds will be realized to satisfy all other obligations of the subsidiary.

         As a consequence of the above  agreement,  management has abandoned the
operations of the subsidiary company (Pultronex  Corporation of Alberta) and has
finalized  an orderly  wind-up of the affairs of the  subsidiary  and the parent
company (1-900 Jackpot,  Inc.  (formerly  Pultronex  Corporation) of Nevada) has
become totally inactive.

         All subsequent  filings of the company (1-900 Jackpot,  Inc.  (formerly
Pultronex  Corporation) of Nevada) will reflect the fact the subsidiary  company
(Pultronex  Corporation of Alberta) has been abandoned and the financial results
of the subsidiary shall be longer be consolidated into the financial  statements
of the reporting entity (1-900 Jackpot, Inc. (formerly Pultronex Corporation) of
Nevada).

PLAN OF OPERATIONS

         As used  herein  the  term  "Company"  refers  to 1-900  Jackpot,  Inc.
(formerly  Pultronex  Corporation),  a Nevada  corporation and its predecessors,
unless the context indicates otherwise. The Company is currently a shell company
whose purpose is to acquire  operations  through an  acquisition or merger or to
begin its own start-up business.

         The Company is in the process of  attempting  to identify and acquire a
favorable business opportunity.  The Company has reviewed and evaluated a number
of business  ventures for possible  acquisition or participation by the Company.
The Company has not entered into any agreement,  nor does it have any commitment
or understanding to enter into or become engaged in a transaction as of the date


<PAGE>



of this filing.  The Company  continues  to  investigate,  review,  and evaluate
business  opportunities  as they  become  available  and will seek to acquire or
become engaged in business  opportunities at such time as specific opportunities
warrant.

          During the current quarter,  the Company acquired certain Intellectual
Lottery  Products  assets.  The  Company  intends to license  these  products to
various  government-run  lotteries  and  private and public  companies  that are
seeking new products for their operations.

         The Company had no sales or sales revenues for the three and six months
ended February 28, 2007 or 2006.

         The Company had no costs of sales revenues for the three and six months
ended  February  28, 2007 or 2006.  The plan for  licensing  the newly  acquired
Lottery Product assets is currently being developed. The Company had general and
administrative  expenses  of $85,824  and  $160,818  for the three and six month
period ended  February 28, 2007 and $14,000 and $164,000 for the same periods in
2006.

CAPITAL RESOURCES AND LIQUIDITY

         At  February  28,  2007,  the  Company  had  total  current  assets  of
$1,046,812  and total assets of  $1,056,812  as compared to  $1,469,873  current
assets and  $1,479,873  total assets at August 31,  2006.  The Company had a net
working  capital  surplus of $1,046,812  at February 28, 2007 and  $1,469,289 at
August 31, 2006.  Net  stockholders'  equity in the Company was $1,056,812 as of
February 28, 2007 and $1,479,289 at August 31, 2006.

ITEM 3.  CONTROLS AND PROCEDURES

         The Company's Chief Executive  Officer and Chief Financial  Officer are
responsible for establishing and maintaining  disclosure controls and procedures
for the company.

                  (a) Evaluation of Disclosure Controls and Procedures

                  As of the end of the reporting  period covered by this report,
the  company   carried  out  an  evaluation,   under  the   supervision  of  the
participation of the Company's management, including the Company's President, of
the  effectiveness  of the  design and  operation  of the  Company's  disclosure
controls and procedures  pursuant to Rule 13a-15 under the  Securities  Exchange
Act of 1934, as amended (the "Exchange  Act").  Based upon the  evaluation,  the
Company's  President  concluded that, as of the end of the period, the Company's
disclosure  controls and  procedures  were  effective in timely  alerting him to
material  information  relating  to the  Company  required to be included in the
reports that the Company files and submits pursuant to the Exchange Act.

                  (b) Changes in Internal Control

                  Based on his evaluation as of February 28, 2007, there were no
significant  changes in the Company's internal control over financial  reporting
or any other  areas  that could  significantly  affect  the  Company's  internal
control  subsequent  to the date of his most recent  evaluation,  including  any
corrective  actions  with  regard  to  significant   deficiencies  and  material
weaknesses.



<PAGE>



                           PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

None.

ITEM 2.  CHANGES IN SECURITIES

None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

None/Not Applicable.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS

None/Not Applicable.

ITEM 5.  OTHER INFORMATION

None/Not Applicable


<PAGE>



ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(a) EXHIBITS

         The  following  documents  are filed  herewith or have been included as
exhibits to previous filings with the Commission and are incorporated  herein by
this reference:

         Exhibit No.       Exhibit

         3.1      Articles of Incorporation (1) 3.2 Bylaws (1)
         31.1     Certification  Pursuant to Section  302 of the  Sarbanes-Oxley
                  Act of 2002.
         31.2     Certification  Pursuant to Section  302 of the  Sarbanes-Oxley
                  Act of 2002.
         32.1     Certification  Pursuant to Section  906 of the  Sarbanes-Oxley
                  Act of 2002.
         32.2     Certification  Pursuant to Section  906 of the  Sarbanes-Oxley
                  Act of 2002.

(b)      Reports  on Form 8-K.  No  reports  on Form 8-K were  filed  during the
         period covered by this Form 10-QSB.

(1)      Incorporated   herein  by  reference  from   Registrant's   Form  SB-2,
         Registration Statement, dated February 22, 2000.




<PAGE>



                                   SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.

                               1-900 JACKPOT, INC.


April 12, 2007


/s/ Brian Fisher
Brian Fisher
President and Director
(Principal Executive Officer)


/s/ Joseph Batty
Joseph Batty
Chief Financial Officer, Secretary and Director
(Principal Financial Officer)





























<PAGE>