If your ice bucket has a cover, set it near the sink and you can use it as a counter top composting bin.
An ice bucket makes a great oversize vase for a centerpeice. It's already water tight, so just fill it with water and preservative and arrange your flowers.
For a fancy ice bucket, line the bottom of the icebucket with foil and use it as an oversized candle hurricane. It will give a dramatic glow and a boost to your décor.
If you can't use your ice bucket for ice anymore because it has a leak, repurpose it as a small garbage can for a bathroom.
You could also roll up hand towels and use the ice bucket as a décor item in the bathroom.
I hope these tips give you a few ideas for repurposing your ice buckets. I'm Mrs. Fixit and it's just that simple!