A New York judge has sentenced actor Michael Douglas' son to five years in prison on drug charges, calling it his "last chance to make it." Federal Judge Richard Berman announced the sentence today after hearing Cameron Douglas apologize and admit that he had squandered a lot of opportunities to turn his life around. The 31-year-old son of the Academy Award-winning actor admitted to dealing methamphetamine and cocaine in January. He had faced a 10-year term. (More Cameron Douglas stories.)