Using the Paint Bucket tool, paint this text a contrasting color, like red.

Go back to Edit > Distort, and click on the corners of the layer image and then use the Nudge (up/down/left/right arrows) to line it up where you want it and you have a shadow behind the text.

Now you can "Copy Merged" this image into whatever you want.

If it must be Solid Text, there are other ways maybe, but to be honest, I just use Rhino and render the suckers instead of trying to use Photo Shop.

Yank My Doodle, It's a Dandy!