In a mixing bowl, gently combine ground beef, rice, milk, pepper, onion, cracker crumbs, salt, and poultry seasoning. Shape meat mixture into 1 1/2-inch balls. Brown meatballs in a little vegetable oil. Drain off excess grease.
Combine soup and water; pour over meatballs. Transfer to casserole, cover, and bake at 325° for 1 1/2 hours. Serve over rice or potatoes.
Calories per serving: 348