try this..
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
<script src="jquery-1.10.2.js" type="text/javascript"></script>
<script type="text/javascript">
$(function () {
var txtbox = $('#<%= txtBoxControl.ClientID %>');
var defaultText = txtbox.val();
txtbox.focus(function () {
if (txtbox.val() == defaultText)
txtbox.val("");
});
txtbox.blur(function () {
if (txtbox.val().length == 0)
txtbox.val(defaultText);
});
});
</script>
</head>
<body>
<form id="form1" runat="server">
<asp:TextBox ID="txtBoxControl" runat="server" Text="some default value">
</form>
</body>
</html>