JSFiddle - React, Tailwind, and code Playground

HTML

<script src="https://ajax.googleapis.com/ajax/libs/jquery/1.12.0/jquery.min.js"></script>
<body>
  <select id="myid">
    <option value="volvo">Volvo</option>
    <option value="saab">Saab</option>
    <option value="opel">Opel</option>
    <option value="audi">Audi</option>
  </select>
</body>

JavaScript

$(document).ready(function(){
    $("#myid").change(function()  {
      var output = $('#myid option:selected').text();
      console.log(output);
    });
  });