If I saved every dollar I earn on my current per-year earnings projection by fashioning some sort of shelter to live in on public land and farming all my food by hand, an Olympian could prepare for not just one but two Olympiads before I'd earn that much money.
So yeah, maybe Cardi B puts all of that cash in a duffel bag and heads to the club. And I'd probably spend at least four figures on a night at the club if you gave me all that money in one lump sum.
The rest, however, is going in the bank, because I'm not Bear Grylls, which means I own a car, eat food, have a mortgage, and need to pay for that stuff, too.