Yes, medalists receive flowers in addition to their medal.
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They are given a bunch of flowers so they can't have just one thing like a medal they won't be that special if they only have one thing.
Stanford
The International Olympic Committee does not award cash prizes to the winners. Many countries, however, do offer cash prizes and other incentives to medalists. In 2012, American competitors who won Olympic medals were rewarded in cash by the US Olympic Committee. Gold medal winners received $25,000, Silver medal winners received $15,000, and Bronze medal winners received $10,000. However, the real money is earned through commercial endorsements. Some Olympians get paid a performance bonus from sponsors for winning a medal and may sign commercial endorsements that could wind up paying them millions.
USC has had more Olympians (as well as gold medalists and overall medalists) than any other U.S. college/university. The school has had 396 athletes (prior to the 2012 Olympics) who attended the university before, during or after the time they competed in the Olympic Games.
730 making them second in all-time Olympic medal score.