Use 'the whole lot' to stress that you're talking about the total amount, especially when it's large or surprising. He inherited a fortune and spent the whole lot in a year.
Pro Tip 2/3
Casual Tone
'The whole lot' is often used in casual or informal conversations rather than in formal writing or speech. In the end, we just chucked the whole lot out.
Pro Tip 3/3
Emotional Impact
It can carry emotional weight, suggesting the speaker's amazement, frustration, or other strong feelings. I can't believe you ate the whole lot; that's shocking!