A chilled beverage display bin for containing and displaying iced beverage products. The bin comprises a stand and a bucket or beverage display container contained internally of the stand. A translucent or transparent drainage hose is connected to the bottom of the bucket and extends through the stand into a channel formed on the exterior of the stand such that the hose functions as a telltale of the level of liquid in the container, and when removed from the channel, facilitates drainage of liquid from the container without the need for a flow control valve.