Ok well look at it this way, there are 4 gallons worth of minerals in 3 gallons worth of RO waste water... Basically 25% more minerals in the "waste" water. IME, that wouldn't be enough to cause an algae bloom in most properly setup planted tanks.
You can totally drink the "wastewater", its basically just a little bit harder than your tapwater, and also chlorine/flourine free if your pre-filters are working. Drink it, wash with it, laundry, shower, bathtubs, water plants, freshwater fishtanks, etc