Like Stak says, there are a lot of things that determine drop speed. The type of jig, the shape of its head, the thickness of the skirt if it has one. The type of trailer, if it's straight or something with action. Line size, line type, length of cast, wind conditions, wave conditions, etc. As you can see the question is too general for an accurate answer.
The easiest way for you to determine drop speed is to drop it in the water on a slack line and start counting. Watch the line, and stop counting when the line stops moving. Do it right beside the boat, or on shore. After the line has stopped moving, drop your rod tip to the waters surface right where your line enters the water, and reel in the slack. Just reel it enough to get the slack out of your line, not so much that you lift the jig off the bottom. Then just lift up your rod, and pull the line out of the water without reeling in any additional line. If you know how long your rod is (and you should) just use your rod to measure how much line you have out. Just make sure you don't do it in too deep of water. After that, it's a simple matter of doing the math.
You pretty much want it falling on a semi slack line, unless you are fishing vertical cover. If you are doing that, you'll want a little more slack in your line because you want the jig to fall right beside the cover and not pendulum away from the cover. If you are counting and the jig stops before it should be on the bottom, or before it gets to the depth you want to fish it at....... set the hook. It could just have hit something you didn't know was there, but it could be a fish that hit it on the fall. You definitely want to watch your line. A lot of times you'll see your live move and never feel the fish hit.