My phone dropped from my pocket into the toilet. It was in there for no longer than 5 seconds. I took out the battery and tried to dry everything off. In a panic I turned it back on to see if it would work. I know, this was VERY, very stupid. I wasn't thinking at all. It started to turn on,then the screen flickered and everything went black. I dried it out properly and it still won't turn on. I've plugged it into the charger,nothing.Is my phone now useless? My mom sayswill not buy me another phone until the contract is up, in over a year.Is there anything I can do? Or did I completely screw myself? 
If my phone is gone, can I still save my contacts and/or pictures?
I'm sorry for all the questions, I'm just freaking out!!

If my phone is gone, can I still save my contacts and/or pictures?
I'm sorry for all the questions, I'm just freaking out!!
. I know someone who has spilled juice on to his smartphone and got some parts replaced, it was working for a while but after few weeks it again stopped due to something else failing. He has already spent a significant amount the first time around and second repair was going to cost him even more, so he gave up the idea.
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