The money is tax free and can be shared with anyone you want.
But
Men, you can only ever wear tuxedos. Women, only cocktail dresses (or whatever y’all wear, idk).
They cannot be in various colors. Black and white only. Every single outfit is exactly the same. If you attempt to buy or wear anything different, they will magically turn into your usual black tie attire. This includes pajamas you wear to bed.
You can still take them off and be naked when you want/need to. Essentially, your freedom of choice for clothing is gone.