hatstead • Adobe Community Professional, Feb 13, 2021
Yes, you can do this readily. Open the Effects palette - - if you don't see it, go to Window menu and check Effect,
In the palette, there are several options. The ones that I find most useful are Drop Shadows & Bevels.
For drill do the following:
1. Open a blank, new file
2. Type your text. A blocky font works best
3. In the Effects palette apply a drop shadow. To fine tune the shadow, go to the Layer menu>layer style>style settings and work the sliders to best advantage.