I have steered my 26 foot Shamrock power boat
(assistance towing vessel) with a bucket several miles and up a small creek to a boat ramp
to haul the boat after it lost
it's rudder (literally....fell right out).
The other posters are correct that you need a sturdy connection to the bucket...not just the factory handles...I just drill holes in the sides under the thick parts
and tie loops with medium line.
They also make decent drogues for vessels under 35 feet if you go slow enough...I also drill a bunch of 1" holes all over for the ones I use for drogues and store extra lines in them on deck
because they are self draining.