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2.
A term used to point out fails like: Jokes, Stunts, Magic Tricks ect.
Person 1: Wanna here a funny joke?

Person 2: Sure!

Person 1: So there's a sick crow on a branch and he says to a hawk: I think I'm a about to crow-up on you!

Person 2: ....

Person 1: So what do you think?

Person 2: .... That is a new joke added to The Fail Bucket

Person 1: Oh......Ok :(
by FBC Money April 07, 2010
 
1.
a. One whose entire life consists of failure.
b. One who is a master in the art of failure.
Dakota is such a failbucket.

Nice going, failbucket!
by Alahnnah July 15, 2008