The simple jquery source for the same -
$("input:radio[name='group1']").click(function() {
$('.desc').hide();
$('#' + $("input:radio[name='group1']:checked").val()).show();
});
In order to make it little more appropriate just add checked to first option --
<div><label><input type="radio" name="group1" value="opt1" checked>opt1</label></div>
remove .desc class from styling and modify divs like --
<div id="opt1" class="desc">lorem ipsum dolor</div>
<div id="opt2" class="desc" style="display: none;">consectetur adipisicing</div>
<div id="opt3" class="desc" style="display: none;">sed do eiusmod tempor</div>
it will really look good any-ways.