Now? No, you're about 30 minutes too late. For the future:
1) Remove the battery - even if that means ripping off a non-removeable back cover. A new cover is a LOT cheaper than a new phone.
2) Immerse the phone in rubbing alcohol. (Also called isopropyl alcohol - the stuff you buy in quart bottles in the pharmacy.) Swish it around. You want the alcohol to scrub all the impurities (not just from the toilet - chlorine, metallic salts, everything) off the interior parts of the phone and into suspension. When I say immerse, I don't mean get it damp. I mean put it into a (non-metallic) loaf pan, about 3" high or higher, and fill the pan with alcohol.
Don't worry about getting the phone wet. Alcohol isn't water, it's hygroscopic, it ABSORBS water. (Which is why 200 proof liquor is impossible.) Change the alcohol and swish in fresh alcohol about 4-5 times.
NOW put the phone into a jar of uncooked rice, seal it and wait about a week.
The two WORST things you can do to a phone are 1) to leave the impurities in it - they eat away at the copper and cause shorts. The phone might work now, but eventually - days, weeks - it's going to fail past the point of repair. And 2) putting the battery into a wet phone. Even worse is then trying to turn it on. You've turned the phone into a giant fuse and blown it.
Oh, in your case, a toilet? 2 pairs of surgical gloves, one over the other, then a pair of dishwashing gloves. That's not exactly clean water.