I don't think that will work, I tried Jazz 1 on Windows 98 SE with VirtualBox and all I got was a sound-less black screen with some brown vertical lines.
And, Windows 98 is REALLY hard to get working in VirtualBox, and when you're done with the long, complicated proccess of installing it, it barely works.

So, maybe VirtualBox isn't such a good idea(Unless you want to use it to run Windows XP or later, which you're not, so let's move on...).