A bubble producing assembly has a housing having an outlet, an air generator positioned on the housing, a bubble producing device positioned over the air generator, a first activator coupled to the air generator, a reservoir associated with the housing for storing a liquid, a pump system coupling the reservoir and the outlet, and a second activator coupled to the pump system for delivering the liquid from the reservoir out of the outlet. Thus, a user can use the first activator to generate air to produce bubbles, and can use the second activator to generate a stream of the liquid that can be aimed at the generated bubbles.