I believe this is called
Stinkhorn fungi. If so, it will smell like
rotting meat or worse, multiplies via blow flies
that are attracted to the smell. When it matures, it has a sticky substance on it. It is orange in color. I used Tide powder on some in my yard until I was told that was illegal. Now when I spot one, I spray Roundup directly on it and that seems to work quite well. Unfortunately, you will smell the fungi before you see it, so it may come back.
The first one I found looked like a white eyeball embedded in the grass. Local County Ext Agent did not know what it was but researched and called me