A bucket stand kit including a solid support ring configured to support a lower rim of a bucket with clamps and to hold a bottom end of the bucket by providing a support net, which is centrally disposed below the ring. Independently length-adjustable telescopic legs hingedly attached to the ring support the bucket secured within the support ring so that the bucket is level on both flat, even surfaces and uneven surfaces, such as roofs, stairs, or ramps. The legs are foldable for transport and storage. A non-slip foot and a caster wheel are alternately engageable to the distal end of each leg. In addition, a cushioned liner is continuously disposed along the entire inner portion of the ring to assist in ensuring that the bucket is secured within the support ring.