She has now been awarded an undisclosed sum, thought to be around £100,000, after the NHS admitted negligence.
The High Court in London heard the baby could have survived if medical staff had realised the danger the unborn child was in.
Ms Budzikowska's solicitor, Andrew Bowman, said: "Joanna suffered post-traumatic stress disorder as a result of her baby boy being stillborn and the horrendous ordeal she had to endure delivering him.
"The settlement agreed at the High Court reflects the pain and suffering she was caused, as well as covering her loss of earnings and funding the psychological treatment she continues to need."
Ms Budzikowska dropped the bottle of water on her abdomen on August 31, 2011, and visited St Michael's Hospital, Bristol, where checks were carried out which were "reassuring".
But she then attended a routine antenatal appointment at Brooklea Health Centre, in Brislington, where midwives are provided by the NHS trust that runs St Michael's.
She was seen by a student midwife who recorded "all well, baby active" - despite measurements suggesting that the baby had not grown since Ms Budzikowska's last visit.
Her lawyer argued that the trust failed to prevent the baby's death due to negligence.
Since the traumatic experience Joanna has suffered from post-traumatic stress disorder - including flashbacks, guilt and depression.
Ms Budzikowska has now received an undisclosed payment of between £50,000 and £100,000 damages from the High Court.
A spokesman for University Hospitals Bristol NHS Foundation Trust, which employs the midwives who examined Ms Budzikowska following her incident, said they had undertaken a "thorough review" of the event.
He said: "We would like to extend out condolences to Ms Budzikowska.
"As with all incidents of this nature, the trust has undertaken its own thorough review to understand the circumstances surrounding this tragic event to ensure that any learning for the service and its staff is quickly identified and implemented."
But her husband says Ms Budzikowska remained concerned over the trust's refusal to admit responsibility.
He said: "Despite University Hospitals Bristol NHS Foundation Trust carrying out a formal investigation which was critical of the midwifery care Joanna was given, she remains concerned given the trust's refusal to admit any responsibility.
"We would like to see reassurance from the trust that steps are taken to improve maternity care and to protect the safety of its patients."
Source : http://telegraph.feedsportal.com/c/32726/f/568612/s/344048a2/sc/3/l/0L0Stelegraph0O0Chealth0Chealthnews0C10A4832740CPregnant0Ewoman0Ewins0Epayout0Eafter0Eunborn0Ebaby0Edied0Efrom0Emineral0Ewater0Edropped0Eon0Estomach0Bhtml/story01.htm