Currently I'm sitting at a nice 62gb of free space with a zipped folder taking up 44gb, My current problem is that it needs to be extracted and I just barely don't have enough free space to do so. I've done all the cleaning and optimizations I could to my storage so the next obvious solution would be to delete the files as they are being extracted but I don't exactly know how I would go about doing that with 7-zip. I've already done a little searching on this problem to see what I could do and will continue to do so but I thought it would be smart to ask and see if someone might have a solution already to a similar problem
41 Answer
It's a bit of a stretch, but according to the 7-zip forum, you could temporarily change the temp folder to an external drive, although the message thread suggests that it won't work.
A bit more research shows that the program doesn't use a temp folder if you are specifying a destination folder. Drag and drop apparently does use a temp folder.
An easier way to approach this might be to use a high capacity flash drive to hold the zip file and extract it to your destination. A sufficiently high capacity drive (128 GB) may allow you to contain both the zip file and allow you to extract it to the flash drive.