For my fellow Windows-using plebians, the official Microsoft PowerToys add-in [0] has a feature that does this (it's also been added to the stock screenshot tool, but I personally find the one keyboard shortcut in PowerToys more pleasant to use).
WIN+SHIFT+S
If it doesn't have the "Text actions" icon (dashed square with paragraph lines in it), you can update it via windows store to get the latest version.