Microsoft has said they're thinking of compiling Windows to run on ARM but it ain't real yet, and in any case the chances of it supporting an x86-compiled game from decades ago are slim.
Think about grabbing yourself a cheap used PC.
RaspberryPi is a great little machine, I've got two... but it's not a direct MSDOS/WinXP platform.
As someone upthread mentioned, there is a Windows (Internet-of-Things-Edition) but I doubt it would support your games. And your games programs are still x86 until you either find an ARM port, or port them yourself. Seems like a lot of work, but probably a lot of fun to try.