I usually pop'em, but if that's big maybe you should consult a doctor because that swelling can be a breeding for bacteria

Not treated carefully, it can result in some days in the hospital getting injected with antibiotics. After you pop it, if you do, you might want to keep your foot a good 20 mins a day in salty water or buy some gel like "Lamisil" (that's how it's called here) to counter the bacteria.