• Based on the suction penetration test of bucket foundation, the distribution regularity of the excess porewater pressure of soil and soil pressure on both sides of bucket wall and bucket end are revealed. • Based on finite element method, the seepage characteristics of the bucket foundation during the penetration process are analyzed, and the change regularity of the effective stress and resistance of soil during the penetration process of bucket foundation is obtained. • Considering the effect of effective stress on seepage, a calculation method for required suction of bucket foundation with few easy-obtained parameters is established. The accurate estimation of penetration resistance of the bucket foundation is the key step for its installation, and the core part of the estimation of the penetration resistance is the exact prediction of the drag reduction effect due to suction. Therefore, in the present paper, the change regularity of the excess porewater pressure along the bucket wall and at the tip is analyzed by combining the model test and finite element analysis method, along with the soil pressure of the bucket foundation during the suction penetration process in sand. The results showed that, during the suction penetration process of the bucket foundation, the soil pressure and excess porewater pressure change approximately linearly with the depth of the bucket wall, and the reduction degree of lateral resistance due to seepage increases in a power function growth trend. Based on the effective stress principle of soil and basic theory of seepage and considering the effect of seepage on penetration resistance, the change regularity of the effective stress of soil along the bucket wall during the penetration process is obtained. Besides, the calculation method for penetration resistance and required suction of bucket foundation in sand soil is established, and the effectiveness of the present method is verified by comparing with the model test and engineering case, which can provide theoretical basis for engineering design and construction of bucket foundation.