awk command for combine two file with separate ':' like output

please help me with awk

file 1

1
2
3

file 2

23
45
27
67
867

output

1:23
1:45
1:27
1:67
1:867
2:23
2:45
2:27
2:67
2:867
3:23
3:45
3:27
3:67
3:867

please help me how to command this output using awk using delimeter ':' from file 1 and file 2 like output

There are many ways to solve your problem; would this suit your use-case?

awk 'NR==FNR{a[++n]=$0; next} {for (i=1; i<=n; i++) {print $0 ":" a[i]}}' file2 file1
1:23
1:45
1:27
1:67
1:867
2:23
2:45
2:27
2:67
2:867
3:23
3:45
3:27
3:67
3:867

With nicer formatting and comments

awk '
NR==FNR{                                # for the first file
       a[++n]=$0                         # load values into an array
       next                             # then skip to the next line/file
}

{
       for (i=1; i<=n; i++) {   # for all the items in the array
              print $0 ":" a[i]         # print the value from file1, then the value from the array
       }
}' file2 file1
1:23
1:45
1:27
1:67
1:867
2:23
2:45
2:27
2:67
2:867
3:23
3:45
3:27
3:67
3:867

Or, perhaps with GNU parallel:

parallel echo {1}":"{2} :::: file1 :::: file2
1:23
1:45
1:27
1:67
1:867
2:23
2:45
2:27
2:67
2:867
3:23
3:45
3:27
3:67
3:867

Edit

If you have <br/> characters in your input, you can delete anything that isn't a number using:

awk 'NR==FNR{gsub("[^0-9]", "", $0); a[++n]=$0; next} {for (i=1; i<=n; i++) {gsub("[^0-9]", "", $0); print $0 ":" a[i]}}' file2 file1