There is no need for jQuery here, regular JavaScript will do:
var str = "Abc: Lorem ipsum sit amet";
str = str.substring(str.indexOf(":") + 1);
Or, the .split() and .pop() version:
var str = "Abc: Lorem ipsum sit amet";
str = str.split(":").pop();
Or, the regex version (several variants of this):
var str = "Abc: Lorem ipsum sit amet";
str = /:(.+)/.exec(str)[1];