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: May 31, 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.)

Check  whether  the issuer  (1) has filed all  reports  required  to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter  period that the  registrant  was required to file such reports) and (2)
has been subject to such filing requirements for the past 90 days.
 Yes     X     No____
     --------

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




<PAGE>



                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 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:  May 31, 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

<TABLE>
<CAPTION>
                                                                        (Unaudited)
                                                                           May 31,         August 31,
                                                                     -----------------  ------------------
                                                                           2007                2006
                                                                     -----------------  ------------------
      ASSETS
CURRENT ASSETS
<S>                                                                  <C>                <C>
   Cash and Cash Equivalents                                         $         747,569  $          861,328
    Available-For-Sale Securities                                              334,977             597,294
    Prepaid Expenses                                                             6,186               6,177
    Prepaid Taxes                                                               12,603               5,074
                                                                     -----------------  ------------------
      Total Current Assets                                                   1,101,335           1,469,873
                                                                     -----------------  ------------------

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

      Total Assets                                                   $       1,111,335  $        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 May 31, 2007 and August 31, 2006                                               -                   -
  Common Stock, Par value $.001, Authorized
    200,000,000 shares, Issued 14,168,935 Shares
    at May 31, 2007 and August 31, 2006                                         14,169              14,169
  Paid-In Capital                                                            4,648,567           4,646,246
  Cumulative Other Comprehensive Income                                       (340,056)            (77,739)
  Retained Deficit                                                              (5,912)             (5,912)
  Deficit Accumulated During the Development Stage                          (3,205,433)         (3,097,475)
                                                                     -----------------  ------------------
     Total Stockholders' Equity                                              1,111,335           1,479,289
                                                                     -----------------  ------------------

       Total Liabilities and Stockholders' Equity                    $       1,111,335  $        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 nine months ended  Inception of
                                                               May 31,                May 31,            Development
                                                        -------------------- ------------------------
                                                           2007      2006         2007        2006         Stage
                                                        --------- ---------- ------------ ----------- -----------------
<S>                                                     <C>       <C>        <C>          <C>         <C>
Revenues                                                $       - $        - $          - $         - $               -

Expenses:
  General & Administrative                                 22,793     52,766      183,611     216,766           418,741
                                                        --------- ---------- ------------ ----------- -----------------

Net Income (Loss) from
 Continued Operations                                      22,793)   (52,766)    (183,611)   (216,766)         (418,741)
                                                        --------- ---------- ------------ ----------- -----------------

Other Income (Expense)
  Interest Income                                           8,208     14,519       25,462      14,519            42,719
  Dividend Income                                          10,243          -       50,191           -            84,017
  Gain on sale of Investment                                    -      3,221            -       3,221             3,221
   Interest Expense                                                                                                  (4)
                                                        --------- ---------- ------------ ----------- -----------------
     Total Other Income (Expense)                          18,451     17,740       75,653      17,740           129,953
                                                        --------- ---------- ------------ ----------- -----------------

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

Net Income (Loss)                                          (4,342)   (35,026)    (107,958)   (199,026)      (3,205,433)
                                                        --------- ---------- ------------ ----------- -----------------

Other Comprehensive Income (Loss):
Unrealized Gain (Loss) on Available-for-Sale Securities    58,865    (37,734)    (262,317)    (37,734)         (340,056)
                                                        --------- ---------- ------------ ----------- -----------------
 Total Other Comprehensive Income (Loss)                   58,865    (37,734)    (262,317)    (37,734)         (340,056)
                                                        --------- ---------- ------------ ----------- -----------------
</TABLE>

                             See accompanying notes





<PAGE>

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

<TABLE>
<CAPTION>
                                                                                                   Cumulative
                                                                                                      since
                                                                                                    September 1,
                                                                                                       2001
                                       For the three months ended   For the nine months ended       Inception of
                                                 May 31,                       May 31,              Development
                                      ---------------------------- ---------------------------
                                             2007         2006          2007          2006            Stage
                                      -------------  ------------- ------------- ------------- -----------------
<S>                                   <C>            <C>           <C>           <C>                  <C>
Total Comprehensive Income(Loss)      $      54,523  $    (72,760) $   (370,275) $    (236,760)       (3,545,489)
                                      =============  ============  ============  ============= =================

Net Loss Available to Shareholder     $      (4,342) $    (35,026) $   (107,958) $    (199,026)
                                      =============  ============  ============  =============
Basic & Diluted Loss per Share        $           -  $      (0.01) $      (0.01) $        (0.10)
                                      =============  ============  ============  =============

Weighted Average Shares Outstanding      14,168,935     3,565,077    14,168,935      2,019,622
                                      =============  ============  ============  =============
</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 Nine Months Ended         Inception of
                                                                           May 31,                  Development
                                                             -----------------------------------
                                                                   2007               2006             Stage
                                                             -----------------  ---------------- ------------------
CASH FLOWS FROM OPERATING
ACTIVITIES:
<S>                                                          <C>                <C>              <C>
Net Loss                                                     $        (107,958) $       (199,026)$       (3,205,433)
   Increase (Decrease) in Accounts Payable                                (584)              943                  -
   (Increase) Decrease in Prepaid Expenses                                  (9)             (958)            (6,186)
   (Increase)Decrease in Withholding Taxes                              (7,529)                -            (12,603)
    Common Stock Issued for Services                                         -           150,000                  -
   Gain on Sale of Investments                                               -            (3,221)            (3,221)
   Net Loss from Discontinued Operations                                     -                 -          2,916,645
                                                             -----------------  ---------------- ------------------
 Net Cash Used in Operating Activities                                (116,080)          (52,262)          (310,798)

                                                             -----------------  ---------------- ------------------
CASH FLOWS FROM INVESTING
ACTIVITIES:
   Purchase of Available-for-Sale Securities                                 -          (720,977)          (720,977)
   Sale of Available-for-Sale Securities                                     -            42,915             42,915
                                                             -----------------  ---------------- ------------------
 Net Cash Provided by Investing Activities                                   -          (678,062)          (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                                                       -         1,584,108          1,734,108
                                                             -----------------  ---------------- ------------------
 Net Cash Provided by Financing Activities                               2,321         1,584,108          1,736,429
                                                             -----------------  ---------------- ------------------
Net (Decrease) Increase in
  Cash and Cash Equivalents                                           (113,759)          853,784            747,569
Cash and Cash Equivalents
  at Beginning of Period                                               861,328                 -                  -
                                                             -----------------  ---------------- ------------------
Cash and Cash Equivalents
  at End of Period                                           $         747,569  $        853,784 $          747,569
                                                             =================  ================ ==================

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 Nine Months Ended         Inception of
                                                                           May 31,                  Development
                                                             -----------------------------------
                                                                   2007               2006             Stage
                                                                                      ----
                                                             -----------------  ---------------- ------------------


<S>                                                          <C>                      <C>       <C>
  Stock Issued for Payment on Loan                           $               - $ -    1,584,108 $         1,734,108
  Issued Common Stock for Intangible Asset                   $               - $ -       10,000 $            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 May 31, 2007 and for the nine
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 May 31, 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 May 31, 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.


                                  May 31,
Intangible Asset             2007               2006       Amortization Period
-----------------  ------------------  -----------------   -------------------
Lottery Assets     $           10,000  $          10,000     Indefinite

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














<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

         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.  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




<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)

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  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.

         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 May  31,  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 May 31, 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:



                                                 May 31, 2007
                              --------------------------------------------------
                                    Gross             Gross
                                  Unrealized       Unrealized
                                     Gain             Loss            Fair Value
                              ---------------  ------------------- -------------
Available-for-sale securities $             -  $           262,317 $334,977
                              ===============  =================== =============





<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 nine  months  ended May 31,  2007 and  2006,  sales
proceeds  and gross  realized  gains  and  losses on  securities  classified  as
available-for-sale securities were:


                                               For the Nine Months Ended
                                                        May 31,
                                                2007                2006
                                                ----                ----
                                         ------------------  ------------------

Sale Proceeds                            $                -  $           42,915
                                         ==================  ==================

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

Gross Realized Gains                     $                -  $            3,221
                                         ==================  ==================

NOTE 7- RELATED PARTY TRANSACTIONS

         During  July of 2006,  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 May 31, 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.



<PAGE>



         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
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.

           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 nine
months ended May 31, 2007 or 2006.

         The  Company  had no costs of sales  revenues  for the  three  and nine
months ended May 31, 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 $22,793 and  $183,611  for the three and nine month
period ended May 31, 2007 and $52,766 and $216,766 for the same periods in 2006.

CAPITAL RESOURCES AND LIQUIDITY

         At May 31, 2007, the Company had total current assets of $1,101,334 and
total  assets of  $1,111,335  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 $1,101,135 at May 31, 2007 and $1,469,873 at August 31, 2006.
Net  stockholders'  equity in the Company was  $1,111,335 as of May 31, 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
Principal  Executive Officer and Principal  Financial Officer 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




<PAGE>



         Based on his  evaluation as of May 31, 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.


                           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.


June 20, 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)