$( "#myId option:selected" ).text(); will give you the text that you selected in the drop down element. either way you can change it to .val(); to get the value of it . check the below coding
<select id="myId">
<option value="1">Mr</option>
<option value="2">Mrs</option>
<option value="3">Ms</option>`
<option value="4">Dr</option>
<option value="5">Prof</option>
</select>