You could buy an external DVD drive. It needs to be firewire and bootable by Mac OS. If you have another PPC with firewire, you could try target Disk mode and installed tiger that way.
You need to figure out the level of your firmware before installing 10.2 or greater. ( The PC name for firmware is BIOS. ) Installing 10.2 with a down level firmware will most likely make your iMac unusable and difficult to fix.
What is Open Firmware?
The firmware on a PPC is called Open Firmware. Open Firmware software receives control when you poweron your machine. It does some hardware testing and some hardware configuration then passes control to your version of Mac OS. It reside on a PROM ( program read only memory ) chip on the logic board.
Figuring out what level of Open Firmware you have?
1) Mac OS 9.x or 8.x, you need to use the Apple System Profiler.
Apple -> Apple System Profiler
2) Mac OS X, use the System Profiler.
Apple -> About This Mac
click on the More Info... tab
click on Hardware
read the Boot ROM Version
3) Open Firmware, boot into Open Firmware.
Power on your iMac while holding down command+option+o+f
The first output line contains the firmware level. Mine reads:
Apple PowerMac4,1 4.1.9f1 BootRom built on 09/14/01 at 13.18.04
Copyright 1994-2001 Apple Computer Inc.
On my machine, I have 4.1.9f1.
What firmware do you need?
http://support.apple.com/kb/HT1395
You can download the firmware from this page:
http://support.apple.com/kb/DL1283
filename: N-iMac_FWUpdate_4.1.9.smi.bin
avoid expanding the file on the download computer.
For a slot loading iMac, this article indicates that you need to be running 9.1 or later version of Mac OS Classic.
http://support.apple.com/kb/DL1283
"The iMac Firmware Update 4.1.9 will only run on iMac computers with slot-loading CD or DVD drives running Mac OS 9.1 or later from a local drive. If you are using Mac OS X you must boot from a local Mac OS 9.1 or later writeable partition (not a CD, or network disk) prior to following the update instructions."
You can download the Mac OS 9 updates from the Apple site.
http://support.apple.com/kb/HT1387?viewlocale=en_US
For tiger, you need 256meg of memory. A slot loader will take 1gig of memory.