Dropped iphone 4 down the loo Help NEEDED

My iphone 4 fell out of my pocket and into the loo for about 3 seconds i then dried it with a cloth and the iphone was slow responding, i blew dried the iphone for 2 seconds (now i know is wrong) it then turned to a black screen but i started to shake the iphone repeatedly and the screen was coming on so i turned my phone off immediately. I use the hoover to water as it said online and now have put it in rice, i know the hair drying was bad but i put it near a fan straight after as i found out it was bad.
Do you think it will work? How long shall i leave it in the rice? My parents will go mad if they find out what shall i say? I'm so worried at the moment.

Added (1). My phone was in the rice and it just started ringing, i can't see the screen but the vibration still happens, WHAT SHALL I DO?

Put it in a jar of rice for a few days and it should be fine.

Serves you right for your action. Say goodbye to your phone forever.

I have done that before. I agree with a previous answer. Put it in a bag or jar of rice and forget about it for awhile. Definitely several days.

Turn the phone off leave it in the rice in a warm dry place for at least 2 days.

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