Simply set up the giant buckets in your lawn or on your patio. Arrange them into a triangle or any shape as you desire.
Create two separate teams of 2-4 players on each team.
Take turns throwing balls to try to make it into the opposite team's buckets. If you make it, take a drink of water (or of an alcoholic beverage if playing with adults).
You can also keep track of points and whichever team gets the most points, wins.